Offering Highlights
100 Units
Current Average Rent of $1,009 is Hundreds Below Sub Market Average
Easy Access to Interstate 64 and Interstate 264

Marcus & Millichap is pleased to present the Offering Memorandum for the River Oaks Apartments located in Norfolk, VA. The property consists of one-hundred (100)two-bedroom one-bathroom units in eight two-story buildings constructed in 1975 and situated on 3.77 acres. The property’s central location affords residents easy access to Hamp-ton Roads’ top employers. The Hampton Roads economy is heavily diverse home to the fastest growing port on the East Coast, two Fortune 500 companies, low business costs, global access, and a robust talent pipeline. Hampton Roads is well known for its ports, shipyards, maritime related industries, aerospace, food and beverage processing, and is home to every branch of the U.S. Armed Forces. Hampton Roads seven universities and three community colleges graduate +/- 17,000students annually, consistently supplying a highly skilled workforce.

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