The Bella

Single Family

2.5

2025

Sqft

2021

Details
Financials
Performance

$305,000

Purchase Price

$2,095

Rent / Mo

Refinance Candidate

Property Leverage

2529 Tidewater Drive, Norfolk, VA 23504

About

The Bella is a 3 bedroom 2.5 bathroom home nestled in the sought-after city of Norfolk, VA, with an open floor concept that seamlessly connects the kitchen, dining room, and living space. It boasts high ceilings, granite countertops in the kitchen, and laminate flooring throughout the main floor. Residents will enjoy outdoor living with a charming front porch, covered deck in the back, and fully fenced yard. The exterior of the home has Hardia plan siding, which adds a nice design touch and durability for the seasons.

Tenant Leasing Process

The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.

Rented

Rental Status

The Market

Hampton Roads, VA

Nestled along the coastline of southeastern Virginia, the Hampton Roads region comprises nine charming cities - Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Suffolk, Virginia Beach, Poquoson, and Williamsburg - each boasting unique character and rich history. Hampton Roads is the perfect destination for those seeking a blend of urban living, coastal tranquility, and military heritage. The natural beauty of Hampton Roads is undeniable, with miles of sandy beaches, lush parks, and wildlife refuges providing endless recreational opportunities. Outdoor enthusiasts can enjoy surfing, fishing, boating, or simply soaking up the sun on the pristine shores of Virginia Beach. History buffs will be captivated by the region's rich past, featuring the Historic Triangle of Williamsburg, Jamestown, and Yorktown. With its excellent schools, affordable housing, and a strong sense of community, Hampton Roads, Virginia, is an idyllic place to call home and the perfect destination for vacationers.

Documents

Common Questions

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For those looking to build or add to their portfolio without investing in individual rental properties, the Arrived Single Family Residential Fund is an ideal option due to its always-available investment experience, immediate diversification, and access to liquidity.