Meadow View_2

4801 Marshall Ave. Newport News, VA                      (250 Units)

The property contains two parcels, a 250-unit parcel and a 400-unit parcel. Strategic Holdings acquired the 250-unit parcel for $2,695,674 in November 2014. With little deferred maintenance, the parcel was sold on September 11, 2017 for approximately $4,875,000; showing an estimated profit of $2,179,326 after sales costs.

See 400-unit Parcel


Sales Price: $4,875,000
Acquisition Price: - $2,695,674
Profit: $2,179,326


Broker Opinion of Value