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410 E Little Creek Rd

8 Unit Apartment Building Offered at $610,000 in Norfolk, VA 23505

Apartment Buildings Virginia Norfolk 410 E Little Creek Rd, Norfolk, VA 23505

Investment Highlights

  • The property consists of eight 1-bed, 1-bath units with onsite parking.
  • New roof, onsite parking, and central location.
  • With below market rents, the property presents a unique value add opportunity.
  • Convenient location on Little Creek Road.

Executive Summary

With below market rents, the property presents a unique value add opportunity.

Attachments

410 E. Little Creek Road Teaser Flyer

Data Room Click Here to Access

  • Offering Memorandum

Property Facts Under Contract

Price $610,000 Lot Size 0.20 AC
Price Per Unit $76,250 Building Size 8,583 SF
Sale Type Investment Average Occupancy 100%
No. Units 8 No. Stories 2
Property Type Multifamily Year Built 1971
Apartment Style Low Rise Parking Ratio 1.86/1,000 SF
Building Class C
Price $610,000
Price Per Unit $76,250
Sale Type Investment
No. Units 8
Property Type Multifamily
Apartment Style Low Rise
Building Class C
Lot Size 0.20 AC
Building Size 8,583 SF
Average Occupancy 100%
No. Stories 2
Year Built 1971
Parking Ratio 1.86/1,000 SF
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Walk Score ®
Very Walkable (71)
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PROPERTY TAXES

Parcel Number 13379600 Improvements Assessment $340,000
Land Assessment $128,700 Total Assessment $468,700

PROPERTY TAXES

Parcel Number
13379600
Land Assessment
$128,700
Improvements Assessment
$340,000
Total Assessment
$468,700
(757) 640-2272

  • Listing ID: 32651975

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 410 E Little Creek Rd, Norfolk, VA 23505

More public record information on 410 E Little Creek Rd, Norfolk, VA 23505

The Multifamily Property at 410 E Little Creek Rd, Norfolk, VA 23505 is currently available For Sale. Contact S.L. Nusbaum Realty Co. for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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410 E Little Creek Rd
(757) 640-2272 x

410 E Little Creek Rd

Ben Leon

(757) 640-2272

(757) 640-2272

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