Listed by Marcus & Millichap - Hampton Roads
$2,325,000
9324 1st View Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,896
Net Rentable (SqFt) 9,896
Units 18
Cap Rate 8.62%
NOI $198,231
Pro-Forma Cap Rate 8.77%
Pro-Forma NOI $203,798
Price per SqFt $235
Year Built 1978
Buildings 1
Acreage 0.400
Multifamily | 18 Units | $129,167/unit
Marketing description
Marcus & Millichap is pleased to present the offering memorandum for 9324 1st View Street located in Norfolk, VA.
The property consists of eighteen units, all one-bedroom and one-bathroom. 9324 1st View Street was built in 1978 and situated on 0.40 acres.
Listing Contacts
Listed by Marcus & Millichap - Hampton Roads
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$198,231.00
$16,519.25/mo
Valuation Metrics
0
DSCR
8.53%
Cap Rate
8.53%
ROI
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