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

PROPERTY FACTS
| No. Units | 13 | Lot Size | 2.20 AC |
| Property Type | Multifamily | Building Size | 8,850 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1950 |
| Building Class | C | Parking Ratio | 2.03/1,000 SF |
| Zoning | R-3 | ||
| 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 |
LINKS
PROPERTY TAXES
| Parcel Number | 21-01-00-0118 | Improvements Assessment | $605,100 |
| Land Assessment | $175,500 | Total Assessment | $780,600 |
PROPERTY TAXES
Listing ID: 15025195
Date on Market: 1/30/2019
Last Updated:
Address: 1221 Poquoson Ave, Poquoson, VA 23662
The Multifamily Property at 1221 Poquoson Ave, Poquoson, VA 23662 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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