85 29th St | Newport News, VA 23607
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85 29th St
Newport News, VA 23607
The Jimmy · Multifamily Property For Sale
·
100 Units
INVESTMENT HIGHLIGHTS
- 16 minutes from Hampton University with an opportunity to house students.
- Immediate upside in rent as a value-add opportunity.
- Easy access to I-64 and other major highways.
- Conveniently located 4 minutes from Newport News Shipbuilding and 22 minutes from Langley Air Force Base.
PROPERTY FACTS
| No. Units | 100 | Building Size | 83,965 SF |
| Property Type | Multifamily | Average Occupancy | 25% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1916 |
| Building Class | B | Parking Ratio | 0.55/1,000 SF |
| Lot Size | 2.16 AC | Cross Streets | WEst Ave |
| Zoning | C3 - Regional Business District | ||
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.16 AC |
| Building Size | 83,965 SF |
| Average Occupancy | 25% |
| No. Stories | 2 |
| Year Built | 1916 |
| Parking Ratio | 0.55/1,000 SF |
| Cross Streets | WEst Ave |
| Zoning | C3 - Regional Business District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Pool
- Waterfront
- Laundry Service
- Volleyball Court
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 97 | - | 475 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $9,185,800 | |
| Land Assessment | $658,500 | Total Assessment | $9,844,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$658,500
Improvements Assessment
$9,185,800
Total Assessment
$9,844,300
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