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Apartment Community with Multiple Buildings
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Pending

7001 Sewells Point Rd, Norfolk, VA 23513

Mira Mar Apartments offers 155 units across eight apartment buildings on 5.95 acres.

Lot Size5.95 Acres
Days on Market111

Property Features for 7001 Sewells Point Rd

General Information

Standard status Pending
Lot size 5.95 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 155

Building Details

Year Built 1976
Listing Agency: Marcus & Millichap - Hampton Roads
Listed By: Altay Uzun · License #VA 0225214405
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 30 at 3:21PM

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 Marcus & Millichap - Hampton Roads

Investment Insights

Based on property information with market context.

Mira Mar Apartments consists of 155 units across eight buildings built in 1976. Unit mix includes eight 715 SF one-bedroom, one-bath units, ninety-seven 975 SF two-bedroom, one-bath units, and fifty 1,100 SF three-bedroom, two-bath units.

The property is located at 7001 Sewells Point Rd in Norfolk, VA 23513, and the central location is described as providing residents easy access to Hampton Roads’ top employers.

With a multi-building configuration and a range of unit sizes, the community supports a broad mix of apartment needs within a single ownership opportunity.

Key Highlights

  • Mira Mar Apartments features 155 units across eight buildings on 5.95 acres.
  • Built in 1976, the property offers a unit mix of 8 one‑bedroom 1‑bath (715 SF).
  • Includes 97 two‑bedroom 1‑bath units (975 SF).

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Electrical Service Skin Care Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

155
Residential units

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby

Demographics for 23513, VA

29,105
Population
13,040
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
87%
High-School Grad
5.1 sq mi
ZIP Area
5,707
Density / Sq Mi
$66,875
Median Household Income
$39,547
Median Earnings
$1,187
Median Rent
$226,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Mira Mar Apartments offers 155 units across eight apartment buildings on 5.95 acres.
Where is this apartment building located?
The property is located at 7001 Sewells Point Rd Norfolk, VA.
What are key features of this property?
This property features: Mira Mar Apartments features 155 units across eight buildings on 5.95 acres.; Built in 1976, the property offers a unit mix of 8 one‑bedroom 1‑bath (715 SF).; Includes 97 two‑bedroom 1‑bath units (975 SF).
More about this property
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