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7922 Old Ocean View Rd
Norfolk, VA 23518

Crossroads Landing · Multifamily Property For Sale · 104 Units

INVESTMENT HIGHLIGHTS

  • Strong Historic Occupancy and Collections
  • High Demand Location Due to Ease of Commute to all the Major Employers in Hampton Roads
  • Easily Achievable Upside by Minimizing Loss to Lease & Passing Utility Burden Through to Tenants

PROPERTY FACTS

No. Units 104
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 5.04 AC
Building Size 104,944 SF
Average Occupancy 98%
No. Stories 2
Year Built/Renovated 1964/1999
Parking Ratio 1.14/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • 24 Hour Access
  • Property Manager on Site
  • Pet Play Area
  • Maintenance on site
  • Online Services

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 17 - 630 - 750
2+1 76 - 950
3+2 11 - 1,150

PROPERTY TAXES

ZONING

Zoning Code MF-NS
  • Listing ID: 25018092

  • Date on Market: 2/9/2022

  • Last Updated:

  • Address: 7922 Old Ocean View Rd, Norfolk, VA 23518