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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
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

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

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