9324 1st View Street — Sale in Norfolk, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Norfolk, VA 23503

Photos

9324 1st View Street — Sale in Norfolk, VA, photo 1 of 2
9324 1st View Street — Sale in Norfolk, VA, photo 2 of 2

Investment Figures

Cap rate
8.62%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The property consists of eighteen units total, all one-bedroom and one-bathroom. 9324 1st View Avenue was built in 1978 and situated on +/- 0.40 ac. Investment Highlights: • 18 Units: All One-Bedroom & One-Bathroom • Prime Location: Within 1 Miles of Ocean View Beach • Operational Value-Add Opportunity • Day 1 Positive Cash Flow & Positive Leverage

Market Context

This multifamily in Norfolk, VA is listed for sale. It is offered at an approximate 8.6% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Norfolk, VA — view the full market.

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