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Property profile

1705 Chestnut St Portsmouth, VA 23704

OFF-MARKET
Apartment buildings
25,600 SF 1.29 ac lot Built 1987
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Property summary

AI-generated overview

This exceptional investment opportunity presents Chestnut Apartments, a 32-unit multifamily property located at 1705 Chestnut St, Portsmouth, VA 23704. Built in 1987, this property boasts 25,600 square feet across eight, two-story buildings situated on a 1.29-acre lot. All 32 units are configured as two-bedroom, one-bathroom apartments. The property offers a compelling current NOI of $234,791, translating to a 6.71% cap rate, and a pro-forma NOI of $260,524, representing a 7.44% pro-forma…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Accounting Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Accounting Firm8.4
Garden Center8.3
Furniture Store8.2

Location

1705 Chestnut St Portsmouth, VA 23704
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
309 Nn, Portsmouth, VA 23704-2617 $475,000 Nov 2023 9,354 SF
850 Crawford, Portsmouth, VA 23704-2304 $41,500,000 Sep 2023 43,301 SF
527 High, Portsmouth, VA 23704-3512 $3,475,000 Apr 2023 30,552 SF
529 Nn, Portsmouth, VA 23704-2552 $297,500 Jan 2023 14,752 SF
224 Sandpiper, Portsmouth, VA 23704-1544 $906,000 Jan 2022 11,372 SF
329 Nn, Portsmouth, VA 23704-2623 $1,150,000 Sep 2021 12,030 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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