Multifamily Property for Sale in Norfolk, VA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Norfolk, VA 23513
Description
The property consists of twenty units total. There are twenty, one-bedroom and one-bathroom units. Azalea Garden was built in 1973 and situated on +/- 0 .54 acres. Investment Highlights: • 20 Units: All One-Bedroom & One-Bathroom • Central Location to Major Employers: Norfolk Air Station, Little Creek Base & Norfolk Naval Shipyard • Easy Access to Major Transit: HRBT, CBBT & I-64
Market Context
This multifamily in Norfolk, VA is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 53 days. Compare it against other multifamily listings for sale in Norfolk, VA — <a href="/search/sale/multifamily/virginia/norfolk">view the full market</a>.
Contact
- Altay Uzun · (202) 536-3719 · altay.uzun@marcusmillichap.com
- Justin Ferguson · (804) 802-6923 · justin.ferguson@marcusmillichap.com
- Jack Carroll · (804) 802-6883 · jack.carroll@marcusmillichap.com
- Myles Lee · (757) 275-0952 · myles.lee@marcusmillichap.com
- Robert Werhane · (704) 831-4628 · bwerhane@ipausa.com
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