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5-SFR Student Housing Portfolio near ODU
Norfolk, VA Highland Park

$2,235,000 USD

Multifamily For Sale • 19,524 SF

5 Properties View all

Property Details

Property Type Multifamily
Cap Rate 7.93 %

20 Transit Score

70 Walk Score

                
                    Highlights
                
                                5 Single-Family Rental Homes | 7 Total Parcels
                            
                                Located Near Old Dominion University
                            
                                100% Occupied with ODU Student Tenants
                            
                                Leased Through Summer 2027
                            
                                Parental Guarantors/Co-Signers on Every Lease

Property Flyers

ODU OM

Financial Summary (Proforma)

Net Operating Income: $177,275 USD (2026)

Cap Rate:	7.93 %
Total Expenses:	$37,525 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Norfolk (Northeast Regional - Amtrak)	9 min	-	4.1 mi
Airport	Drive	Walk	Distance
Norfolk International	15 min	-	7.0 mi
Newport News/Williamsburg International	41 min	-	27.2 mi

Mary Elizabeth Beck 757-816-0804 Howard Hanna

5-SFR Student Housing Portfolio near ODU Norfolk, VA Highland Park