5670 Weblin Pl | Virginia Beach, VA 23462
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- LoopNet Team
5670 Weblin Pl
Virginia Beach, VA 23462
Weblin Place · Multifamily Property For Sale
·
102 Units
INVESTMENT HIGHLIGHTS
- 47-Year Ownership History—Owned by the Original Developer’s Family
- Fully Amenitized Community
- Extremely Well-Connected Asset Proximate to Norfolk, VA Beach Town Center, and Ocean Front
- Proven Value-Add Program to Build On
- Incredible Rent Growth Story in Virginia Beach
PROPERTY FACTS
| No. Units | 102 | Building Size | 114,252 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1974 |
| Building Class | B | Parking Ratio | 1.75/1,000 SF |
| Lot Size | 8.55 AC | ||
| Zoning | A18 | ||
| No. Units | 102 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 8.55 AC |
| Building Size | 114,252 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.75/1,000 SF |
| Zoning | A18 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Double Pane Windows
SITE AMENITIES
- 24 Hour Access
- Clubhouse
- Playground
- Pool
- Gameroom
- Storage Space
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | - |
| 2+2 | 70 | - | - |
| 3+2 | 8 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $12,643,200 | |
| Land Assessment | $2,550,000 | Total Assessment | $15,193,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,550,000
Improvements Assessment
$12,643,200
Total Assessment
$15,193,200
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