OV Investment Group Purchases Multifamily Property In Norfolk For $1.46 Million With Brokers Simpson And Conradi

A multifamily property located at 570 West Ocean View Avenue in Norfolk, VA, was sold for $1,460,000. This transaction involved the acquisition of a multi-family asset, showcasing its investment potential in a key market area.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $1,460,000
• Buyer: OV Investment Group, LLC
• Address: 570 West Ocean View Avenue
• Market: Norfolk, VA
• Brokers: Clark Simpson & Erik Conradi - Cushman & Wakefield

Clark Simpson and Erik Conradi from Cushman & Wakefield represented the seller in this transaction, facilitating the deal that involved OV Investment Group, LLC as the buyer. Their role as brokers was crucial in navigating the sale of this multifamily property.