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307 W Little Creek Rd
Norfolk, VA 23505
Multifamily Property For Sale
·
10 Units
Investment Highlights
- All units recently renovated: new stainless-steel appliances, granite countertops, upgraded kitchen cabinets
- Central heating and air
- Immediate access to I-64 and I-564
- LVP flooring, tiled bathrooms, and washer/dryer hookups
- Close proximity to major employers
Executive Summary
Located in Norfolk’s Ward’s Corner neighborhood, 307- 311 W Little Creek Road consists of 10 units, offering spacious 2-bedroom, 1-bath townhome-style apartments with upgraded finishes.
This property is positioned near major employers including Naval Station Norfolk, Sentara Medical Center, and Old Dominion University, enhancing its appeal for both military and civilian tenants.
This property is positioned near major employers including Naval Station Norfolk, Sentara Medical Center, and Old Dominion University, enhancing its appeal for both military and civilian tenants.
Property Facts
| Price Per Unit | $208,263 CAD | Lot Size | 0.47 AC |
| Sale Type | Investment | Building Size | 8,512 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1950 |
| Apartment Style | Garden | Parking Ratio | 1.88/1,000 SF |
| Building Class | C | ||
| Zoning | C-2 - Multi-family | ||
| Price Per Unit | $208,263 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 8,512 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.88/1,000 SF |
| Zoning | C-2 - Multi-family |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Granite Countertops
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | - | 830 - 1,000 |
Property Taxes
| Parcel Number | 00815810 | Improvements Assessment | $1,527,267 CAD |
| Land Assessment | $200,407 CAD | Total Assessment | $1,727,674 CAD |
Property Taxes
Parcel Number
00815810
Land Assessment
$200,407 CAD
Improvements Assessment
$1,527,267 CAD
Total Assessment
$1,727,674 CAD
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