1464 Gabriel Dr | Norfolk, VA 23502
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1464 Gabriel Dr
Norfolk, VA 23502
River Oaks Apartments · Multifamily Property For Sale
·
100 Units
INVESTMENT HIGHLIGHTS
- 100 Units: All Two-Bedroom, One-Bathroom
- Current Average Rent of $1,009 is Hundreds Below Sub Market Average
- 92% Occupancy Reached as of 9/28
- Easy Access to Interstate 64 and Interstate 264
PROPERTY FACTS
| No. Units | 100 | Building Size | 96,998 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1975 |
| Building Class | C | Parking Ratio | 1.53/1,000 SF |
| Lot Size | 3.77 AC | ||
| Zoning | MF-NS | ||
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.77 AC |
| Building Size | 96,998 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | MF-NS |
AMENITIES
UNIT AMENITIES
- Balcony
- Kitchen
- Oven
- Tub/Shower
- Walk-In Closets
- Freezer
- Patio
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 100 | - | 875 |
PROPERTY TAXES
| Parcel Number | 30989800 | Improvements Assessment | $6,783,300 |
| Land Assessment | $591,300 | Total Assessment | $7,374,600 |
PROPERTY TAXES
Parcel Number
30989800
Land Assessment
$591,300
Improvements Assessment
$6,783,300
Total Assessment
$7,374,600
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