824 Post AVE, Chesapeake, VA 23324
824 Post AVE, Chesapeake, VA 23324
824 Post AVE, Chesapeake, VA 23324
824 Post AVE, Chesapeake, VA 23324
824 Post AVE, Chesapeake, VA 23324
824 Post AVE, Chesapeake, VA 23324
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Christina Barnhart

Christina Barnhart

+1(757) 822-9697
$ 5,625,000
Est. payment | /mo
Save
$ 5,625,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision South Norfolk

MLS Listing ID 10620196

HOA Y/N No

Year Built 1970

Annual Tax Amount $44,000

Property Description

Sunnybrook Apartments (824 Post Ave and 2127 Chesapeake Drive, Chesapeake, VA) is a 48-unit multifamily community in the Hampton Roads metro, positioned for cash flow and upside. The property offers an attractive unit mix of forty-four (44) 2BR/1BA and four (4) 1BR/1BA apartments, supporting broad renter demand. Offered at a $5,625,000 list price, buyers may benefit from assumable financing of approximately $3.5M at 5.7% interest (subject to lender approval), helping reduce interest-rate uncertainty and enhance leverage. The Chesapeake location provides convenient access to retail, dining and commuter routes. A compelling value-add story exists through rent optimization, interior upgrades and operational efficiencies as units turn. Ideal for 1031 exchange or portfolio expansion. Contact broker for offering memorandum, rent roll and financials. Tours by appointment only - please do not disturb residents.

Location

State VA

County Chesapeake

Area 31 - Central Chesapeake

Zoning RMF1

Interior

Hot Water Electric

Heating Basebd

Cooling Window/Wall

Flooring Laminate/LVP

Exterior

Parking Features Lot, Off Street

Utilities Available City Sewer, City Water, Electric

Roof Type Asphalt Shingle,Poly Skin

Building

Story 2.0000

Foundation Crawl

Schools

Elementary Schools Rena B. Wright Primary

Middle Schools Oscar Smith Middle

High Schools Oscar Smith

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

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© 2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed
Listed by Inlet Realty

Schools and Properties Nearby

Christina Barnhart

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(757) 822-9697

christina@christinabarnhart.com

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824 Post AVE