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272 W Bay Ave
Norfolk, VA 23503
The Gates of West Bay · Multifamily Property For Sale
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202 Units
Property Facts
| Sale Type | Investment | Lot Size | 8.03 AC |
| No. Units | 202 | Building Size | 240,190 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1952/2018 |
| Building Class | B | Parking Ratio | 0.66/1,000 SF |
| Zoning | C-2 | ||
| Sale Type | Investment |
| No. Units | 202 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 8.03 AC |
| Building Size | 240,190 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built/Renovated | 1952/2018 |
| Parking Ratio | 0.66/1,000 SF |
| Zoning | C-2 |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- Stainless Steel Appliances
- Walk-In Closets
- Carpet
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Playground
- Pool
- Tenant Controlled HVAC
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 157 | - | 671 - 994 |
| 2+1 | 25 | - | 724 - 1,064 |
| 3+1.5 | 20 | - | 1,111 |
Property Taxes
| Parcel Number | 02747650 | Improvements Assessment | $13,539,800 |
| Land Assessment | $3,583,200 | Total Assessment | $17,123,000 |
Property Taxes
Parcel Number
02747650
Land Assessment
$3,583,200
Improvements Assessment
$13,539,800
Total Assessment
$17,123,000
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