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417 E Ocean View Ave - Proposed Multi-Family / Apartment Complex

1.29 Acres of Residential Land Offered at £1,568,820 in Norfolk, VA 23503

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Investment Highlights

Redevelopment project

Executive Summary

Property is ride by only. Please do not disturb residents. Call agent for information and document package. 4 Houses on property, 2 single family and 2 duplexes. Rental income available. Property rezoned in 2008 for 24 units multi family. Near interstate, military base, near the beach, golf course, restaurants and public parks. Owner has plans for the development and is willing to share with serious qualified buyers. Civil drawings are complete and ready for submission and architectural plans are at about 70 per cent completion. Owner is willing to talk to serious qualified buyers about status of this development with the City of Norfolk.

Property Facts

Price	£1,568,820	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
Sale Conditions	Development Sale	Total Lot Size	1.29 AC
No. Lots	1

Price	£1,568,820
Sale Type	Investment
Sale Conditions	Development Sale
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	1.29 AC

1 Lot Available

Lot

Price	£1,568,820	Lot Size	1.29 AC
Price Per AC	£1,216,140

Price	£1,568,820
Price Per AC	£1,216,140
Lot Size	1.29 AC

Property is ride by only. Please do not disturb residents. Call agent for information and document package. 4 Houses on property, 2 SF and 2 duplexes. Rental income available. Property rezoned for 24 units multi family. Owner has plans call for info.