
Description
This property is in a prime central location in Virginia Beach close to Town Center right between the Rosemont and Independence exits off I264. Property has 2 buildings and all units are currently rented with property selling at a 6.75% cap rate. Future possibilities are endless if they decide to bring light rail to Va Beach as this property would be right along the route. Owner is currently organizing parking lot repairs.
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0BEDS
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2.86ACRES
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0BATHS
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01/2 BATHS
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68,166SQFT
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$80$/SQFT
School Ratings & Info
Description
This property is in a prime central location in Virginia Beach close to Town Center right between the Rosemont and Independence exits off I264. Property has 2 buildings and all units are currently rented with property selling at a 6.75% cap rate. Future possibilities are endless if they decide to bring light rail to Va Beach as this property would be right along the route. Owner is currently organizing parking lot repairs.