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About This Home
This 0-bedroom, 0-bathroom single family at 824 Post Avenue in Chesapeake, VA is listed for $5,625,000. Built in 1970, on a N/A lot.
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.
Key Features
- Built in 1970
Property Details
Monthly Cost Estimate
$30,084/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
824 Post Avenue
Chesapeake, VA 23324
SOUTH NORFOLK
Property Details
Parking
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom single family at 824 Post Avenue is listed at $5,625,000. The estimated monthly payment is $24,375 based on 20% down at 6.5% interest.
Key features include: Built in 1970.
This property is listed by Christian Phillips and can be reached at (757) 675-5164 or christian@inletrealty.com.