This Multifamily Property is no longer advertised on LoopNet.com.
85 29th St
Newport News, VA 23607
The Jimmy · Multifamily Property For Sale
·
100 Units
INVESTMENT HIGHLIGHTS
16 minutes from Hampton University with an opportunity to house students.
Immediate upside in rent as a value-add opportunity.
Easy access to I-64 and other major highways.
Conveniently located 4 minutes from Newport News Shipbuilding and 22 minutes from Langley Air Force Base.
PROPERTY FACTS
No. Units
100
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Garden
Building Class
B
Lot Size
1.39 AC
Building Size
83,965 SF
Average Occupancy
25%
No. Stories
2
Year Built
1916
Parking Ratio
0.55/1,000 SF
Cross Streets
WEst Ave
UNIT AMENITIES
Air Conditioning
Cable Ready
Heating
Ceiling Fans
Kitchen
Hardwood Floors
High Speed Internet Access
Refrigerator
Oven
SITE AMENITIES
Waterfront
Laundry Service
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
1+1
97
-
475
PROPERTY TAXES
Parcel Numbers
Multiple
310.02-04-13
310.02-04-02
310.04-01-10
310.02-04-15
310.02-04-16
310.04-01-09
310.02-04-17
310.04-01-03
310.04-01-05
310.04-01-04
310.02-04-05
310.02-04-07
310.02-04-14
Improvements Assessment
$6,091,300
Land Assessment
$969,300
Total Assessment
$7,060,600
ZONING
Zoning Code
C3 (Regional Business District)