782-784 Windbrook Cir
Newport News, VA 23602
Multifamily Property For Sale
·
8 Units
Investment Highlights
- 8 Separately Deeded Condominiums: Mix of One and Two Bedrooms
- Tennis Courts, Golf Course, Pool, Sports Fields, Recreation Center, Fitness Center, and 6 Miles of Walking Trails
- 2.6 Miles from Newport News/Williamsburg International Airport
- Fireplaces, Dishwashers, and Central A/C
- Close Proximity to Numerous Restaurants and Retail Stores
- 6.3 Miles from Christopher Newport University
Property Facts
| No. Units | 8 | Lot Size | 0.43 AC |
| Property Type | Multifamily | Building Size | 7,610 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1990 |
| Building Class | B | ||
| Zoning | R5 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.43 AC |
| Building Size | 7,610 SF |
| No. Stories | 3 |
| Year Built | 1990 |
| Zoning | R5 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Double Vanities
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Oven
- Tub/Shower
- Carpet
- Deck
- Double Pane Windows
- Skylights
Site Amenities
- Clubhouse
- Picnic Area
- Playground
- Tennis Court
- Basketball Court
- Cabana
- Pet Play Area
- Pond
About 782-784 WINDBROOK CIR , NEWPORT NEWS, VA 23602
Marcus & Millichap is pleased to present the exclusive Offering Memorandum for the Windbrook Condominiums, an 8-unit property located in the Kiln Creek neighborhood of Newport News, VA. Built in 1990, this well-maintained 8-unit portfolio consists of three (3) 954 sqft one-bedroom one-bathroom with loft units, and five (5) 950 sqft two-bedroom one-bathroom units. The condominiums are separately deeded allowing an investor to sell each separately at a later date. The units feature carpeting, fireplaces, ceiling fans, central A/C, spacious closets, and dishwashers. Community amenities include tennis courts, golf court use, recreation center, sports fields, fitness center, walking trails, sparkling pool, and water views. The tenants pay all of their utilities. Due to the concentrated unit-mix and location in a quaint neighborhood, this property offers a unique living experience in the heart of the Hampton Roads. The apartments advantageous location positions current and potential residents to access a network of evolving recreation, business associations, and communities culture. The Hampton Roads economy is heavily diversed home to the fastest growing port on the East Coast, two Fortune 500 companies, low business costs, global access, and a robust talent pipeline. Hampton Roads is well known for its ports, shipyards, maritime related industries, aerospace, food and beverage processing, and is home to every branch of the U.S. Armed Forces. Hampton Roads’ seven universities and three community colleges graduate +/- 17,000 students annually, consistently supplying a highly skilled workforce. Given the strong submarket fundamentals, the quality of the asset, and the ability to add value, the Windbrook Condominiums represent a strong long term investment opportunity.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | - | 1,000 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $661,800 | |
| Land Assessment | $220,800 | Total Assessment | $882,600 |
Property Taxes
