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Warwick Village 495 Nelson Dr Immeuble residentiel 160 lots À vendre Newport News, VA 23601

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Certaines informations ont été traduites automatiquement.

INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

Prime multifamily investment in Newport News with 160 units and a proven value-add strategy in progress.
Ideally located near I-64, providing seamless access to Hampton Roads, military installations, and major employment hubs.
Consistent rental demand supported by Newport News’ lower cost of living and proximity to Christopher Newport University, Tech Center, and City Center

Strong regional economy anchored by shipbuilding, defense, and technology sectors, including major employers like Huntington Ingalls
Community features include recently remodeled kitchens, a swimming pool, and a neighborhood setting close to retail, dining, and entertainment.
Opportunity to enhance revenue through interior upgrades and operational efficiencies in a market with stable occupancy and growing rental rates.

RÉSUMÉ ANALYTIQUE

Warwick Village Apartments presents investors the opportunity to purchase a well positioned value add opportunity in Newport News, Virginia. This property, constructed in 1972, comprises 160 units totaling 123,456 square feet. The property offers a mix of one- and two-bedroom units, with average rents of $1,141, and is ideally positioned for an operator to step in and complete the proven value-add program.
Newport News is a strategic location for real estate investment, boasting a strong economy driven by shipbuilding, defense, and technology sectors, including major employers like Huntington Ingalls’ Newport News Shipbuilding, Ferguson Enterprises, and Canon, Inc. The city’s lower-than-average cost of living and ideal location amidst Hampton Roads contribute to a consistent demand for rental housing

Offering Memorandum

INFORMATIONS SUR L’IMMEUBLE

Type de vente	Investissement	Surface du lot	3,38 ha
Nb de lots	160	Surface de l’immeuble	12 930 m²
Type de bien	Immeuble residentiel	Occupation moyenne	97%
Sous-type de bien	Appartement	Nb d’étages	2
Style d’appartement	Avec jardin	Année de construction	1972
Classe d’immeuble	C	Ratio de stationnement	0,2/1 000 m²
Zonage	C1

Type de vente	Investissement
Nb de lots	160
Type de bien	Immeuble residentiel
Sous-type de bien	Appartement
Style d’appartement	Avec jardin
Classe d’immeuble	C
Surface du lot	3,38 ha
Surface de l’immeuble	12 930 m²
Occupation moyenne	97%
Nb d’étages	2
Année de construction	1972
Ratio de stationnement	0,2/1 000 m²
Zonage	C1