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Property Overview
This investment offers a rare combination of immediate yield and long-term appreciation potential within the Hampton Roads region. The property consists of 6,500 square feet of residential space situated on a 0.34-acre lot. With a current CAP rate of 8.23% and a projected Year 1 cash-on-cash return of 11.77%, Deltha Gardens is positioned as a high-performing income generator. Its location is particularly advantageous, sitting within 10 minutes of major economic drivers including the Newport News Shipbuilding (the nation’s largest) and Christopher Newport University.
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