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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

  • Cable Ready
  • Dishwasher
  • Disposal
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Carpet

SITE AMENITIES

  • Laundry Facilities
  • Property Manager on Site

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 82 $870.00 850

PROPERTY TAXES

ZONING

Zoning Code R13
  • Listing ID: 25203661

  • Date on Market: 3/8/2022

  • Last Updated:

  • Address: 2804 Waverly Way, Norfolk, VA 23504