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1120 E. Brambleton Avenue
Norfolk, VA 23502
Asking Price
$3.50M
Asset Type
Manufacturing Industrial
Class
Class B
What's Special
1120 E. Brambleton Avenue, Norfolk, VA 23502 <ul><li>Dynamic Towing Manufacturing Facility</li><li>Owner Occupant Opportunity</li><li>Total Building: +51,215 SF</li><li>Land Area: 2.31 Acres</li><li>Year Built: 1960</li><li>Incentives: Qualified HUB Zone, Enterprise Zone</li><li>Zoning: I-L (Light Industrial)</li><li>Constructions: Metal and Concrete Block</li><li>Power: 3 Phase; Heavy Power</li><li>Loading: Six (6) Overhead Doors</li><li>Cranes: 5-Ton, 2-Ton and 1-Ton Bridge Canes</li><li>Fenced and Gated Yard Area</li><li>Ce
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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084
