Gomberg Report >
Virginia

Updated 5/22/2012
Click on the thumbnail picture to view larger size picture.
Contact broker for more information.

 

Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
Contact Broker
Norfolk
89 unit
4.4M
85% Financing Available
NOI=405K
49,438
This 89 unit brick property sits in a revitalization area for the city of Norfolk. The city has purchased many of the neighboring multifamily units and will be demolishing those properties. The subject is already seeing occupancy increases from that initiative. 
Alan Meetze 757-873-1401
104 unit
Not Disclosed
 Well-maintained multi-building complex. Laundry for every 4 units. Across from Southern Shopping Center & Walmart. Near public transportation. Green spaces. Landscaped and gated. Has full time office mgr. & live-in maintenance mgr. Storage buildings. Refinished parking lots. Near military bases, interstate. Call agent 757-434-6921 for rent rolls, etc..78 2br, 11 3br, 17 1br. 97.5% occupancy.
Natalie Parker 757-434-6921
Strasburg
44 unit
2.7M
85% Financing Available

61,363

Mult-Family Apts. Total of 44 units and land for expansion for possbile (2) more Buildings. Two & Three Bedroom units. Coin Laundry in each Building. Electric Heat Pumps for Heat/AC. Asphalt Drive and Parking Lots. Easy Access to I-81 and I-66. Great Cash Flow and Occupancy.

Cynthia Hawkins 540-335-9313