717 Guy Avenue
Multifamily | 32 Units
Marketing description
Marcus & Millichap is pleased to offering memorandum for 717 Guy Avenue located in Norfolk, VA.
The property consists of thirty-two units total. There are twenty-two, one-bedroom and one-bathroom units and ten, two-bedroom and one-bathroom units. 717 Guy Avenue was built in 1985 and situated on 2.08 ac.
Norfolk, VA is in the heart of the Hampton Roads metropolitan area, which is home to over 1.7 million people. It's central location within the region makes it an important economic and cultural hub, attracting a diverse population and providing a stable demand for housing. Norfolk benefits from a robust and diversified economy. It is home to major military installations, including the Naval Station Norfolk, which is the largest naval base in the world. The presence of military personnel and related industries provide a consistent demand for rental properties.
Investment highlights
- RENOVATED UNITS All interiors have been fully renovated with new cabinets, flooring, tiles and fresh paint
- TRANSIT ORIENTED Easy access to I-64, I-264, I-564, and Granby Street
- EASY ACCESS TO NUMEROUS EMPLOYMENT CENTERS Within 10 minutes from Norfolk International Airport, IKEA, and Simon Premium Outlet Mall
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