$5,625,000

824 Post AVE, Chesapeake, VA 23324

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Data Last Updated:
February 15, 2026 at 8:39PM
Listing Office:
Inlet Realty : 757-276-3330
Listing Agent:
Christian Phillips :
MLS ID:
10620196
  • Flooring: Laminate/LVP
  • A/C: Window/Wall
  • Heating: Basebd
  • General: Brick
  • Parking: LotOff Street
  • Roofing: Asphalt ShinglePoly Skin
  • General: Frame2Crawl
  • County: Chesapeake VA
  • Zoning: RMF1
  • Utilities: City SewerCity WaterElectric

This listing courtesy of Christian Phillips , Inlet Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rena B. Wright Primary School

600 Park Ave, Chesapeake, VA, 23324

Grades PK-2

0.48 miles away

O

Oscar Smith Middle School

2500 Rodgers St, Chesapeake, VA, 23324

Grades 6-8

0.28 miles away

O

Oscar Smith High School

1994 Tiger Dr, Chesapeake, VA, 23320

Grades 9-12

4.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.