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7 Unit Apartment Building

OCEANFRONT!

7 Unit Apartment Complex on the OCEANFRONT!!! Exceptional Income Potential

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Live On-Site Auction with Online Bidding

Began: Friday, July 15, 2011 at 10:00 AM EDT

Location: 1866 Ocean View Ave, Norfolk, VA 23503

Inspection

Began: Friday, July 08, 2011 at 10:00 AM EDT

Ended: Friday, July 08, 2011 at 12:00 PM EDT

Location: 1866 Ocean View Ave, Norfolk, VA 23503

Inspection

Began: Saturday, July 09, 2011 at 10:00 AM EDT

Ended: Saturday, July 09, 2011 at 12:00 PM EDT

Location: 1866 Ocean View Ave, Norfolk, VA 23503

Details

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Now available only at auction is a wonderful opportunity to purchase an established income producer.  This two level 7 unit apartment complex is situated on the beach front of the spectacular Chesapeake Bay.  This multiplex unit consists of-- one ocean view, 2 level 3 bedroom master unit, four (4)-two bedroom apartments, and a detached 7th one bedroom Carriage House unit facing highly travelled Ocean View Avenue.  This property could allow the purchaser to operate this fantastic facility with a handsome cash flow by investing in the needed updates and repairs.  Property features are courtyard parking, brick construction, beach front and private beach access, clear view of the Chesapeake Bay where dolphins can be seen on a daily basis.
 
Whether as an apartment complex, a condominium conversion, or a new home site this is a rare opportunity to purchase a true investment. 

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