investment for sale 905, 907, 909, 911 little bay...

INVESTMENT FOR SALE905, 907, 909, 911 Little Bay AvenueNorfolk, VA 23503

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

Cushman & Wakefield | Thalhimer © 2015. No warranty or representation, expressed or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

For more information, contact:

JANET WHITBECKVice President757 213 4147janet.whitbeck@thalhimer.com

The Town Center of Virginia Beach222 Central Park Ave., Suite 1500

Virginia Beach, VA 23462www.thalhimer.com

Property Features• 12 unit apartment complex• 1,100 SF units (2 bedroom, 1 bath)• .799 acres• Built in 1961; brick construction• 4 waterfront units on “Sandy” Willoughby

Bay side• 2 duplexes with garages• Common recreational area• 200’ sandy beach• Offered at $1,050,000• NOI: $84,834• Cap rate: 8%

PRICE REDUCED

INVESTMENT FOR SALE905, 907, 909, 911 Little Bay AvenueNorfolk, VA 23503

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

Cushman & Wakefield | Thalhimer © 2015. No warranty or representation, expressed or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

For more information, contact:

JANET WHITBECKVice President757 213 4147janet.whitbeck@thalhimer.com

The Town Center of Virginia Beach222 Central Park Ave., Suite 1500

Virginia Beach, VA 23462www.thalhimer.com

INVESTMENT FOR SALE905, 907, 909, 911 Little Bay AvenueNorfolk, VA 23503

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

Cushman & Wakefield | Thalhimer © 2015. No warranty or representation, expressed or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

For more information, contact:

JANET WHITBECKVice President757 213 4147janet.whitbeck@thalhimer.com

The Town Center of Virginia Beach222 Central Park Ave., Suite 1500

Virginia Beach, VA 23462www.thalhimer.com

Typical Unit Interior