2007 Baltic AVE, Virginia Beach, VA 23451

$10,400,000 Asking Price

29,590  sqft
Built in 2006

An incredible investment opportunity only a few blocks to the beach & boardwalk & located right next to one of the largest & most highly anticipated developments at the VA Beach oceanfront, Atlantic Park. Atlantic Park will feature the 1st Wavegarden Cove wave pool in the US along with a large entertainment venue, retail shops & residential apartments. This portfolio consists of 12 fee-simple townhomes located within a POA, $65/mo. These units are all 3/4 bedroom 3 bath with most having 2 car garages. The property is located within the VB overlay district for short term rentals & should qualify if the buyer goes through the proper steps & process with the City of VB. Buyer shall conduct their own research & complete any & all due diligence at their sole expense.


Features & Amenities

Interior

Flooring:
Carpet,Hardwood,Tile
A/C:
Central Air,Zoned
Heating:
Electric,Heat Pump,Zoned

Exterior

General:
Brick,Vinyl
Parking:
Garage,Lot,Off Street

Construction

Roofing:
Asphalt Shingle
General:
Frame, 4, Slab

Location

County:
Virginia Beach VA

Lot

Current Use:
Yearly Rentals

Utilities

Utilities:
City Sewer,City Water,Electric,Gas Avail

Financial

NA Compensation:
2.0

This listing courtesy of:
Atkinson Realty, Layne Donovan

About Virginia Beach, VA

Housing

Number of Units
185,541
Median Home Value
$327,913
Median Rent
$1,239

37.28% of housing units are renter occupied.

5.83% are vacant.

Commute

Car
73.21%
Public Transportation
0.62%
Walk to Work
1.11%
Work from Home
23.50%
Other
0.99%

The median travel time to work is 20 minutes.

People

Population
449,544
Median Age
38.00
Median Household Size
2.78

Education

High School
20.58%
Associate’s Degree
11.72%
Bachelor’s Degree
22.85%
Graduate Degree
14.24%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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