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2804 Waverly Way
Norfolk, VA 23504
Villa Terrace · Multifamily Property For Sale
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82 Units
Investment Highlights
- Well Maintained LIHTC Property Located in the Heart of Downtown Norfolk, Near the Virginia Zoo, Restaurants, Grocers, and Entertainment
- Old Dominium University, Located within 10 Minutes of the Property, is One of the Largest Universities in Virginia with an Enrollment of Over 24,000
- Norfolk is Home to the Largest Naval Base in the World, Naval Station Norfolk, and is the Largest Employer in the Area
Property Facts
| No. Units | 82 | Building Size | 69,700 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1970/2002 |
| Building Class | C | Cross Streets | 29th St |
| Lot Size | 3.07 AC | ||
| Zoning | R13 - Residential | ||
| No. Units | 82 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.07 AC |
| Building Size | 69,700 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2002 |
| Cross Streets | 29th St |
| Zoning | R13 - Residential |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- High Speed Internet Access
- Refrigerator
- Range
- Carpet
Site Amenities
- Laundry Facilities
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 82 | $870.00 | 850 |
Property Taxes
| Parcel Number | 32637940 | Improvements Assessment | $3,671,900 |
| Land Assessment | $1,203,900 | Total Assessment | $4,875,800 |
Property Taxes
Parcel Number
32637940
Land Assessment
$1,203,900
Improvements Assessment
$3,671,900
Total Assessment
$4,875,800
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