Listed by S.L. Nusbaum Realty Co
$1,525,000
307 - 311 West Little Creek Road
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,512
Net Rentable (SqFt) 8,512
Units 10
Cap Rate 7.43%
Occupancy 100%
Tenancy Multi
Class B
Year Built 1950
Buildings 2
Stories 2
Lot Size (SqFt) 20,034
Zoning C-2
Parking Spaces 16 spaces
Parking Per SqFt 1.88
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner
Multifamily | 10 Units
Marketing description
Located in Norfolk's Ward's Corner neighborhood, 307- 311 W Little Creek Road consists of 10 units, offering spacious 2-bedroom, 1-bath townhome-style apartments with upgraded finishes.
This property is positioned near major employers including Naval Station Norfolk, Sentara Medical Center, and Old Dominion University, enhancing its appeal for both military and civilian tenants.
Investment highlights
- All units recently renovated: new stainless-steel appliances, granite countertops, upgraded kitchen cabinets, LVP flooring, tiled bathrooms, and washer/dryer hookups.
- Central heat and air
- Close proximity to major employers
- Immediate access to I-64 and I-564
Listing Contacts
Listed by S.L. Nusbaum Realty Co
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