$24,216
Annual Revenue
Projected nightly rate is $130/night at 51% occupancy.
Top 101% of comparables
Top 101% of comparables
-$9,532
Profit
Revenue
$24,216
Operating Expenses
$14,548
Operating Income
$9,668
Net Effective Rent
$19,200
Profit (Cash Flow)
-$9,532
$5,950
Cash Investment
Renos & Furnishing
$4,250
Setup Costs
$1,700
Total
$5,950
Investment Value Over Time
Revenue Appreciation
0%
Cash on Cash Return
-160.2%
Payback Period Days
0
Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
418,568 sqft
Year built:
2007
Size:
304,202 sqft
Type:
MFR
Parking:
582
Heating:
CENTRAL
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: Multi-Family Dwellings (Generic, Any Combination)
- Stories: 1
- Lot size: 418,568 sqft
- Building area: 304,202 sqft
- Garage: Yes
- Heating: Central
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: -
- Land Use: Residential
- Parcel Number: R75295
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2022
- Assessed Value: $46,000,000
- County Est. Land Value: $3,348,544
- Assessed Land Value: $3,348,544
- County Est. Structure Value: $42,651,456
Market Estimate: -
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 04/08/10 | $0 | 0% | Aragon 2010/Vail Quarters Llc |
Ownership
- Name: Vail Quarters Gardens
- Owner Occupied: No
- Owner Mailing Address: 999 Waterside Dr Ste 2300, Norfolk, Va 23510
- Years Owned: 39
- Home Equity: -
- Mortgage Balance Remaining: $0
- Financed amount: -
- Owner Type: Investor
- Lien: No
- Inherited: No
- Foreclosure: No