824 Post Avenue, Chesapeake, VA 23324

Chesapeake
Local realty services provided by:ERA Real Estate Professionals
824 Post Avenue,Chesapeake, VA 23324
$5,625,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Condominium
  • Active
Listed by: christian phillips
Office: inlet realty
MLS#:10620196
Source:VA_REIN

Price summary

  • Price:$5,625,000

About this home

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.

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Home facts

  • Year built:1970
  • Listing ID #:10620196
  • Updated:March 19, 2026 at 09:20 AM

Rooms and interior

  • Flooring:Laminate/LVP

Heating and cooling

  • Cooling:Window/Wall
  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt Shingle, Poly Skin
  • Year built:1970
  • Construction Materials:Brick
  • Foundation Description:Crawl
  • Levels:2 Story

Schools

  • High school:Oscar Smith
  • Middle school:Oscar Smith Middle
  • Elementary school:Rena B. Wright Primary

Utilities

  • Water:City Water, Water Heater - Electric
  • Sewer:City Sewer

Finances and disclosures

  • Price:$5,625,000
  • Tax amount:$44,000

Parking

  • Parking description:Lot, Off Street
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