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12-Unit Apartment Building

1007 Green Tree Cir, Chesapeake, VA 23320

For Sale
$1,425,000

Eight apartments are rented, two are available, and two remain to be turned.

Property SizeContact for details
Days on Market23

Property Features for 1007 Green Tree Cir

General Information

Standard status Active
Property subtype Residential Income
Occupancy 67%

Site & Location

Neighborhood Greentree Apartments

Additional Details

Multifamily Units 12
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $10,620

Amenities

washer/dryer hookups
Listing Agency: Inlet Realty
Listed By: Alex Field
Source: Exprealty
Added: Oct 19 Changed: Nov 8 Last Checked: Nov 10 at 2:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Inlet Realty

Rey
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Investment Insights

Based on property information with market context.

This 12-unit apartment property has a mix of renovated interiors and units awaiting turnover. Updated apartments feature bright interiors and spacious living rooms, with newer kitchen cabinetry, stainless steel appliances, fresh paint, LVP flooring, carpet, and renovated bathrooms. Washer and dryer hookups are provided.

Eight of the 12 apartments are occupied and rented, while two are available for rent and two need a full turn. The property is located at 1007 Green Tree Cir in Chesapeake, Virginia.

Key Highlights

  • 12‑unit apartment property
  • 8 of 12 units currently occupied and rented
  • 2 units available for rent

Property Analytics

Lease Details

12
Residential units
66.7%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,094
Businesses Nearby

Demographics for 23320, VA

60,412
Population
26,131
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
93%
High-School Grad
31.7 sq mi
ZIP Area
1,906
Density / Sq Mi
$81,736
Median Household Income
$49,403
Median Earnings
$1,654
Median Rent
$323,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Eight apartments are rented, two are available, and two remain to be turned.
Where is this apartment building located?
The property is located at 1007 Green Tree Cir Chesapeake, VA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: 12‑unit apartment property; 8 of 12 units currently occupied and rented; 2 units available for rent
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