Property profile

245 Ml Crk Pkwy 2D Chesapeake, VA 23323

OFF-MARKET
Apartment buildings
Property ID
US87-1234037
11,250 SF 12 ac lot Built 1996
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1996
Total area 11,250 SF
Lot 12 ac (522,720 SF)
Zoning code RMF1: MULTI-FAMILY RESIDE
APN 452004000101
UPID US87-1234037

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

245 Ml Crk Pkwy, Unit 2D Chesapeake, VA 23323-1084
Chesapeake metro Census 21301 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.66M

Owner & transaction history

since 2023
Last sale
$13.1M
1 recorded transaction
2023
$13.1M

Zoning & alternative use

RMF1: MULTI-FAMILY RESIDE · Chesapeake, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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