824 Post Avenue
Chesapeake,
VA
23324
×
Property Details
| List Price: |
$5,625,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
0 Square Feet |
| Agency: |
Inlet Realty |
| Agency Phone: |
(757) 276-3330 |
Description/Comments
| Lot Size: |
0 sqft |
| Property Type: |
Residential-Other |
| Year Built: |
1970 |
| Notes: |
Sunnybrook Apartments (824 Post Ave and 2127 Chesapeake Drive, Chesapeake, VA) is a 48-unit multifamily community in the Hampton Roads metro, positioned for cash flow and upside. The property offers an attractive unit mix of forty-four (44) 2BR/1BA and four (4) 1BR/1BA apartments, supporting broad renter demand. Offered at a $5,625,000 list price, buyers may benefit from assumable financing of approximately $3.5M at 5.7% interest (subject to lender approval), helping reduce interest-rate uncertainty and enhance leverage. The Chesapeake location provides convenient access to retail, dining and commuter routes. A compelling value-add story exists through rent optimization, interior upgrades and operational efficiencies as units turn. Ideal for 1031 exchange or portfolio expansion. Contact broker for offering memorandum, rent roll and financials. Tours by appointment only - please do not disturb residents. |
| MlsNumber: |
-- |
| ListingId: |
10620196 |
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| Listing Provided By: |
Inlet Realty, original listing |
| Phone: |
(757) 675-5164 |
| Office Phone: |
(757) 276-3330 |
| Agent Name: |
Christian Phillips |
| Disclaimer: |
Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |