This Multifamily Property is no longer advertised on LoopNet.com.
2804 Waverly Way
Norfolk, VA 23504
Villa Terrace · Multifamily Property For Sale
·
82 Units
INVESTMENT HIGHLIGHTS
Well Maintained LIHTC Property Located in the Heart of Downtown Norfolk, Near the Virginia Zoo, Restaurants, Grocers, and Entertainment
Old Dominium University, Located within 10 Minutes of the Property, is One of the Largest Universities in Virginia with an Enrollment of Over 24,000
Norfolk is Home to the Largest Naval Base in the World, Naval Station Norfolk, and is the Largest Employer in the Area
PROPERTY FACTS
No. Units
82
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Garden
Building Class
C
Lot Size
3.07 AC
Building Size
69,700 SF
Average Occupancy
89%
No. Stories
2
Year Built/Renovated
1970/2002
Cross Streets
29th St
UNIT AMENITIES
Disposal
High Speed Internet Access
SITE AMENITIES
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
2+1
82
$870.00
850
PROPERTY TAXES
Parcel Number
32637940
Improvements Assessment
$3,598,600
Land Assessment
$1,203,900
Total Assessment
$4,802,500