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28656020
28656019

719 Dudley Ave, Norfolk, VA 23503

CP
VA 0225248295
Inlet Realty
Listed by Inlet Realty
$1,400,000
192 days on market
Updated 99 days ago

719 Dudley Ave Apartments

Details
APN 15578960
Property Type Multifamily
Sub Type Apartment Building
Units 10
Cap Rate 5.47%
NOI $76,568
Occupancy 100%
Year Built 1972
Buildings 1
Stories 2
Acreage 0.280
Zoning R-12
Investment Type Value Add
Ownership Simple

Multifamily | 10 Units | $140,000/unit

Marketing description

Low maintenance 10 unit apartment building. Rent Roll $135,240. All units 2 bedrooms 1 bathroom. Large living area and 2 large bedrooms. Great Location minutes from the beach, interstates, shopping and bases. Wall unit AC and electric baseboard heating make this a low maintenance property that is easy to maintain. Parking on property as well as street parking available. LVP through out most units, some carpeted bedrooms. Location, Location, Location. This property is being sold as part of an 83 unit portfolio for 11.555 million.

Investment highlights

Low maintenance 10 unit apartment building. Rent Roll $135,240. All units 2 bedrooms 1 bathroom. Large living area and 2 large bedrooms. Great Location minutes from the beach, interstates, shopping and bases. Wall unit AC and electric baseboard heating make this a low maintenance property that is easy to maintain. Parking on property as well as street parking available. LVP through out most units, some carpeted bedrooms. Location, Location, Location. This property is being sold as part of an 83 unit portfolio for 11.555 million.

Listing Contacts

CP
VA 0225248295
Inlet Realty
Listed by Inlet Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,568.00
$6,380.67/mo

Valuation Metrics

0
DSCR
5.47%
Cap Rate
5.47%
ROI

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Additional Information

Name
Christian Phillips
License
0225248295
Brokerage Phone
757-675-5164
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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