824 Post Ave Chesapeake, VA 23324
South Norfolk NeighborhoodEstimated payment $33,961/month
Highlights
- Laundry Room
- Rena B. Wright Primary School Rated A-
- Baseboard Heating
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.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $44,000
Year Built
- Built in 1970
Home Design
- Brick Exterior Construction
- Frame Construction
- Asphalt Shingled Roof
- Urethane Roof
Interior Spaces
- 2-Story Property
- Laminate Flooring
- Crawl Space
- Laundry Room
Parking
- Parking Lot
- Off-Street Parking
Schools
- Rena B. Wright Primary Elementary School
- Oscar Smith Middle School
- Oscar Smith High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Electric Water Heater
Community Details
- 48 Units
- Sunnybrook Community
- South Norfolk Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,549 | $1,876,500 | $290,400 | $1,586,100 |
| 2024 | $14,549 | $1,440,500 | $290,400 | $1,150,100 |
| 2023 | $13,724 | $1,451,000 | $290,400 | $1,160,600 |
| 2022 | $14,655 | $1,451,000 | $242,000 | $1,209,000 |
| 2021 | $10,932 | $1,041,100 | $242,000 | $799,100 |
| 2020 | $10,198 | $971,200 | $242,000 | $729,200 |
| 2019 | $9,592 | $913,500 | $242,000 | $671,500 |
| 2018 | $9,214 | $854,500 | $210,000 | $644,500 |
| 2017 | $8,972 | $854,500 | $210,000 | $644,500 |
| 2016 | $8,501 | $809,600 | $210,000 | $599,600 |
| 2015 | $8,143 | $775,500 | $210,000 | $565,500 |
| 2014 | $7,742 | $737,300 | $210,000 | $527,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2026 02/13/26 | For Sale | $5,625,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,750,000 | Title 1 Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,575,000 | Unknown |
Source: Real Estate Information Network (REIN)
MLS Number: 10620196
APN: 1390000001822
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Ask me questions while you tour the home.