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1010 E Leicester Ave
Norfolk, VA 23503
Immeuble residentiel Propriété À vendre
·
10 Unités
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Prime location in Norfolk’s Ocean View area with proximity to major highways and employment hubs.
- Significant value-add potential through rent increases and interior renovations.
- Convenient access to Norfolk International Airport, major retail centers, and regional attractions.
- Two well-maintained two-story buildings featuring ten two-bedroom, one-bathroom units.
- Strong rental demand supported by military presence and diversified local economy.
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is pleased to present a 10-unit multifamily investment opportunity located at 1010 E Leicester Avenue and 9108 Chesapeake Boulevard in Norfolk, Virginia. This property consists of two two-story buildings built in 1964, totaling approximately 6,500 square feet on 0.36 acres. Each building offers spacious two-bedroom, one-bathroom units averaging 650 square feet. Situated in the heart of the Hampton Roads metropolitan area, Norfolk is a thriving economic and cultural hub with a population exceeding 1.7 million. The city’s strategic location supports a robust rental market driven by major military installations, including Naval Station Norfolk, the largest naval base in the world. This strong military presence, combined with a diversified economy and proximity to major employers such as Sentara Healthcare, Eastern Virginia Medical School, and Dominion Enterprises, ensures consistent rental demand. The property offers immediate value-add potential through organic rent growth and interior upgrades. Current average rents of $602 per unit are significantly below market comparables, which average $1,115 per month. With easy access to I-64, I-264, I-564, and Granby Street, residents enjoy excellent connectivity to employment centers, Norfolk International Airport, and retail destinations like IKEA and Simon Premium Outlets.
This is an exceptional opportunity for investors seeking a well-located asset with strong upside in a stable, high-demand market.
This is an exceptional opportunity for investors seeking a well-located asset with strong upside in a stable, high-demand market.
FAITS SUR LA PROPRIÉTÉ Sous contrat
| Prix par unité | 111 674 $ CAD | Style d’appartement | De faible hauteur |
| Type de vente | Investissement | Classe d’immeuble | C |
| Taux de capitalisation | 2,44% | Taille du lot | 0,36 AC |
| Multiplicateur du loyer brut | 11.07 | Taille du bâtiment | 6 500 pi² |
| Nombre d’unités | 10 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1964 |
| Sous-type de propriété | Appartement | ||
| Zonage | C-2 | ||
| Prix par unité | 111 674 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 2,44% |
| Multiplicateur du loyer brut | 11.07 |
| Nombre d’unités | 10 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,36 AC |
| Taille du bâtiment | 6 500 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1964 |
| Zonage | C-2 |
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 2+1 | 10 | 840,34 $ CAD | 650 |
Impôts fonciers
| Numéro de lot | 23993505 | Évaluation des bâtiments | 769 488 $ CAD |
| Évaluation du terrain | 244 059 $ CAD | Évaluation totale | 1 013 548 $ CAD |
Impôts fonciers
Numéro de lot
23993505
Évaluation du terrain
244 059 $ CAD
Évaluation des bâtiments
769 488 $ CAD
Évaluation totale
1 013 548 $ CAD
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