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2500 Leo Street Apartments 2500 Leo St 24 Unit Apartment Building $3,627,520 CAD ($151,147 CAD/Unit) 6.83% Cap Rate Norfolk, VA 23504
EXECUTIVE SUMMARY
Attention Investors! 19 out of 24 units are tenant occupied. The 15 units not reflected on data input have identical specs to the listed units. No showings without a ratified contract. Please make offer contingent upon seeing inside of units. Please do not disturb the tenants under any circumstances. Current total monthly rent on this building is $21,225.00. The seller will break up this portfolio and sell the properties individually.
PROPERTY FACTS
| Price | $3,627,520 CAD | Building Class | C |
| Price Per Unit | $151,147 CAD | Lot Size | 0.93 AC |
| Sale Type | Investment | Building Size | 10,120 SF |
| Cap Rate | 6.83% | Average Occupancy | 82% |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | SF-T | ||
| Price | $3,627,520 CAD |
| Price Per Unit | $151,147 CAD |
| Sale Type | Investment |
| Cap Rate | 6.83% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 10,120 SF |
| Average Occupancy | 82% |
| No. Stories | 2 |
| Year Built | 1969 |
| Opportunity Zone |
Yes |
| Zoning | SF-T |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 23911700 | Improvements Assessment | $2,212,063 CAD |
| Land Assessment | $510,455 CAD | Total Assessment | $2,722,518 CAD |
PROPERTY TAXES
Parcel Number
23911700
Land Assessment
$510,455 CAD
Improvements Assessment
$2,212,063 CAD
Total Assessment
$2,722,518 CAD
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2500 Leo Street Apartments | 2500 Leo St
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