Back

1 of 22

2 of 22

3 of 22

4 of 22

5 of 22

6 of 22

7 of 22

8 of 22

9 of 22

10 of 22

11 of 22

12 of 22

13 of 22

14 of 22

15 of 22

16 of 22

17 of 22

18 of 22

19 of 22

20 of 22

21 of 22

22 of 22

831 W Ocean View Ave
Norfolk, VA 23503 Willough Bay

$2,950,000 USD

Apartments For Sale • 13,120 SF

Property Details

Property Type Apartments
Total Building Size 13,120 SF
Lot Size 0.59 AC
Building Class C
Year Built 1965
Cap Rate 6.21 %
Zoning R-12

23 Transit Score

6 Walk Score

                
                    Highlights
                
                                High Occupancy
                            
                                Fully Remodeled
                            
                                High Rents

Property Flyers

831 OV T12

December 2024- 831 Ocean View OM

Financial Summary (Proforma)

Net Operating Income: $191,830 USD (2024)

Cap Rate:

6.21 %

Amenities

Air Conditioning
Picnic Area
Playground
Washer/Dryer
Heating
Kitchen
Refrigerator
Tub/Shower
Porch

Public Transportation

Commuter Rail	Drive	Walk	Distance
Norfolk (Northeast Regional - Amtrak)	17 min	-	9.8 mi
Airport	Drive	Walk	Distance
Norfolk International	15 min	-	7.8 mi
Newport News/Williamsburg International	30 min	-	20.1 mi

Christian Phillips 757-675-5164 Inlet Realty and Property Management

831 W Ocean View Ave Norfolk, VA 23503 Willough Bay