200-208 E Washington Street — Sale in Suffolk, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Suffolk, VA 23434

Photos

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Investment Figures

Cap rate
8.68%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the offering memorandum for 200-208 E Washington Street in Suffolk, VA. The property consists of eleven units total. There are three, one-bedroom and one-bathroom units, three, two-bedroom one-bathroom units, one, two-bedroom three-bathroom units and one retail space across one, two-story buildings built in 1920, renovated in 2005 and situated on +/- 0.24 acres. Investment Highlights: • 11 Units: A Mix of Retail Spaces, One- & Two-Bedrooms • 8.68% Cap Rate • Mixed-Use Income Diversity • Transit Oriented & Access to Major Employers

Market Context

This multifamily in Suffolk, VA is listed for sale. It is offered at an approximate 8.7% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Suffolk, VA — view the full market.

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