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3501 Commerce St
Portsmouth, VA 23707
Skyler Cove Apartments · Multifamily Property For Sale
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18 Units
Property Facts
| No. Units | 18 | Building Size | 16,490 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.81/1,000 SF |
| Lot Size | 1.52 AC | Cross Streets | Pacific Ave |
| Zoning | RM-75 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.52 AC |
| Building Size | 16,490 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.81/1,000 SF |
| Cross Streets | Pacific Ave |
| Zoning | RM-75 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Carpet
About 3501 COMMERCE ST , PORTSMOUTH, VA 23707
The property is currently 94% leased with rents at $0.88 PSF. Situated on 1.59 acres, Skyler Cove consists of a two-story brick building with a pitched shingle roof fronted by a large parking lot with over 36 parking spaces for residents and guests. The property is being offered free and clear of debt.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 18 | - | - |
Property Taxes
| Parcel Number | 0372-0010 | Improvements Assessment | $1,116,900 |
| Land Assessment | $324,000 | Total Assessment | $1,440,900 |
Property Taxes
Parcel Number
0372-0010
Land Assessment
$324,000
Improvements Assessment
$1,116,900
Total Assessment
$1,440,900
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