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    FOR SALE
    Commercial real estate

    2007 Baltic Ave Virginia Beach, VA 23451

    29,590 SF Built 2006
    Property ID
    US87-2904898
    2007 Baltic Ave, Virginia Beach, VA 23451 For Sale 1 / 50
    $9,950,000 29,590 SF
    2007 Baltic Ave, Virginia Beach, VA 23451
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    AI-generated overview

    An incredible investment opportunity only a few blocks to the beach & boardwalk & located right next to one of the largest & most highly anticipated developments at the VA Beach oceanfront, Atlantic Park. Atlantic Park will feature the 1st Wavegarden Cove wave pool in the US along with a large entertainment venue, retail shops & residential apartments. This portfolio consists of 12 fee-simple townhomes located within a POA, $65/mo. These units are all 3/4 bedroom 3 bath with most having 2 car garages. Total of 36 BR's, 36 BA's. The property is located within the VB overlay district for short term rentals & should qualify if the buyer goes through the proper steps & process with the City of VB. Buyer shall conduct their own research & complete any & all due diligence at their sole expense.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2006
    Total area 29,590 SF
    UPID US87-2904898
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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