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1221 Poquoson Ave
Poquoson, VA 23662
Islander Apartments · Multifamily Property For Sale · 13 Units

PROPERTY FACTS

No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.20 AC
Building Size 8,850 SF
No. Stories 2
Year Built 1950
Parking Ratio 2.03/1,000 SF
Zoning R-3

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Storage Space
  • Washer/Dryer Hookup
  • Hardwood Floors
  • Carpet
  • Yard
  • Porch

SITE AMENITIES

  • Waterfront

ABOUT 1221 POQUOSON AVE , POQUOSON, VA 23662

Marcus & Millichap is pleased to present the exclusive offering memorandum for The Islander Apartments located Poquoson, VA. 1221 Poquoson Avenue can be accessed by Interstate 64, known as Hampton Roads Beltway and accessible in 8 miles from the subject property, providing intra-city access to the primary commercial and employment drivers of the area including the US Department of Defense, Sentara Healthcare Centers, Old Dominion University, BAE Systems, Norfolk State University, ADP, Norfolk Naval Shipyard, Hampton University, Huntington Ingalls Shipbuilding, Ferguson Enterprises, Canon, NASA Langley Research Center, and more. The Islander Apartments Offering provides an investor the opportunity to acquire a market rate asset with tremendous upside potential. The offering contains thirteen (13) units; one single family home, two duplexes, and one apartment building built in 1950 and situated on 2.20 acres. There are nine (9) 650 square foot units and four (4) 750 square foot units. The apartments advantageous location enables residents to enjoys the benefits of an array of recreational activities, outdoor attractions, and a prosperous, growing community.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 9 $650.00 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-01-00-0118
Land Assessment
$175,500
Improvements Assessment
$605,100
Total Assessment
$780,600
  • Listing ID: 15025195

  • Date on Market: 1/30/2019

  • Last Updated:

  • Address: 1221 Poquoson Ave, Poquoson, VA 23662

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