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Apartments For Sale • 9,536 SF
| 516-522 Dinwiddie Street is a fully occupied, 12-unit complex offering one-bedroom, one-bath units at 675, 825, and 850 square feet. |
| Tenants pay for all utilities, enabling great cash flow – currently boasting an impressive 9.31% cap rate and 7.82 Gross Rent Multiplier. |
| Property is nestled within Norfolk’s Opportunity Zone and ideally located in the proximity of 2 shipyards, presenting strong renter demand. |
| The complex is professionally managed and is offered to the market with low deferred maintenance. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 4 min | - | 1.7 mi | |
| Airport | Drive | Walk | Distance |
| Norfolk International | 16 min | - | 8.1 mi |
| Newport News/Williamsburg International | 45 min | - | 29.8 mi |
