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For Sale

The Mercer Building

740-742 West Princess Anne Road,
Norfolk, VA 23517

Asset Snapshot

1919
Year Built
4
Floor Count
8 Units
Unit Count
0 SF
Average Unit Size
16,344 SF
Property Size

Offering Summary

Investment Overview

The Mercer Apartment complex is an 8-unit multifamily complex located near the intersection of West Princess Anne Road and Colley Avenue in Norfolk in the sought after Ghent submarket. With close proximity to Downtown Norfolk, Norfolk General Hospital, EVMS, and CHKD, this property makes for an ideal investment property which consistently attracts a wide range of professional services/medical related tenants.


Investment Highlights

  • Recent capital improvements
  • Central air
  • Off-street parking
  • In-unit washer and dryer
  • Large 2-bed, 2-bath units (1,650 SF)

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Listing Syndicated From

Buildout
For Sale
$2,400,000
Asking Price