First-Time Seller, Double-Digit Offers: Ocean View Multifamily Sells | Marcus & Millichap

A double-digit tour count. A double-digit offer count. And a first-time seller who trusted the Uzun Group with the process from start to finish. That combination defined the latest Norfolk, VA multifamily investment sale — the closing of 1208 W Ocean View Avenue, a 12-unit multifamily property plus one single-family home located in Norfolk's sought-after Ocean View neighborhood.

The listing generated strong, sustained investor interest throughout its time on the market, ultimately producing a double-digit number of both tours and offers — a clear sign of the continued appetite for well-located multifamily assets along Norfolk's Ocean View corridor. From executed contract to closing, the deal wrapped in 51 days, keeping the transaction on a tight and predictable timeline for the seller.

This closing was also notable as the seller's first transaction working with the Uzun Group, another example of the team's ability to earn trust quickly and deliver a smooth, well-run sale process for owners new to working with them. Combining a 12-unit multifamily building with an adjacent single-family home gave buyers a flexible investment opportunity, and the strong offer activity reflects how well that combination resonated with the market.

The deal was led by Altay Uzun, alongside team members Justin Ferguson, Jack Carroll, and Myles Lee, who worked together to bring the transaction to a successful close.

Thinking about selling a multifamily property in Norfolk's Ocean View area or elsewhere in Hampton Roads? The Uzun Group offers free property valuations for owners looking to understand what today's market could mean for their asset.