3100 Cape Henry Ave | Norfolk, VA 23509
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This Multifamily Property is no longer advertised on LoopNet.com.
3100 Cape Henry Ave
Norfolk, VA 23509
South Cape Henry Homes · Multifamily Property For Sale
·
26 Units

INVESTMENT HIGHLIGHTS
- South Cape Henry is one of the only submarket rentals providing townhome configurations with 2.5, 2, and 1.5 bathroom
- South Cape Henry is near the bottom of its competitive set, nearly $100 below its most relevant comp and $417 below submarket renovated community
- Full size washer and dryer connections in each unit
- Completing a light value-add and implementing a more aggressive management strategy will yield substantial premiums.
PROPERTY FACTS
| No. Units | 26 | Building Size | 24,088 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1988 |
| Building Class | C | Parking Ratio | 2.16/1,000 SF |
| Lot Size | 1.86 AC | ||
| Zoning | R-11 | ||
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.86 AC |
| Building Size | 24,088 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 2.16/1,000 SF |
| Zoning | R-11 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 26 | - | - |
PROPERTY TAXES
| Parcel Number | 33343400 | Improvements Assessment | $2,282,900 |
| Land Assessment | $646,400 | Total Assessment | $2,929,300 |
PROPERTY TAXES
Parcel Number
33343400
Land Assessment
$646,400
Improvements Assessment
$2,282,900
Total Assessment
$2,929,300
Listing ID: 22421480
Date on Market: 3/8/2021
Last Updated:
Address: 3100 Cape Henry Ave, Norfolk, VA 23509
The Ballentine Place Multifamily Property at 3100 Cape Henry Ave, Norfolk, VA 23509 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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