1129 Green St
Norfolk, VA 23513
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 4,400 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 1.82/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | SF-10 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | SF-10 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Carpet
About 1129 GREEN ST , NORFOLK, VA 23513
Marcus & Millichap is pleased to present the exclusive offering memorandum for The Green Street Apartments located in the Norfolk Garden neighborhood of Norfolk, VA. The Green Street Apartment Offering provides an investor the opportunity to acquire a value add asset with rent growth potential. Green Street Apartments are centrally located between Old Dominion University (approximately 25,000 enrolled students) and Norfolk State University (approximately 5,000 enrolled students). The Green Street Apartment Offering contains eight (8) units in one two-story building built in 1986 and situated on .14 acres. There are eight (8) 550 sf one bedroom one bathroom units. The subject property is serviced by I-64 which is accessible in 0.7 miles from the property, the primary commercial corridor for the area, providing tenants access to all of Norfolk’s top employment drivers including the US Department of Defense, Sentara Healthcare Centers, Old Dominion University, BAE systems, Norfolk State University, ADP and more.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $692.50 | 550 |
Property Taxes
| Parcel Number | 16080290 | Improvements Assessment | $629,700 |
| Land Assessment | $31,400 | Total Assessment | $661,100 |
Property Taxes
