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Gravity on 400 apartments in Norfolk, VA

Updated

Gravity on 400

400 Waterside Dr, Norfolk, VA 23510, USA

Live pricing, refreshed

19
Units Listed
$1,484
Starting at
$2,066
Average
$3,039
Highest
$2.62
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Downtown rent trends

Beds

Pricing by Bedroom

Studio
$1,524
from $1,484 · 4 units
~499 sqft avg
1 Bed
$1,790
from $1,719 · 7 units
~642 sqft avg
2 Bed
$2,441
from $2,384 · 6 units
~975 sqft avg
3 Bed
$2,992
from $2,944 · 2 units
~1,321 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (17)

Largest 8 movers of 17

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$469K

$5.6M annual run rate

Est. Occupancy

93%

of about 273 units (reported building size)

Effective Rent on New Leases

$1,847

vs $2,066 current asking ($219 negotiation gap)

Recent Lease Activity

48 units tracked; 29 assumed leased, 19 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

19

Good availability

12 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

19 units
Studio / 1 Bath s02-Aquarius
$1,484/mo
490 ft² · $3.03/ft² · #217
Up $10 since Aug 25 (was $1,474)
Studio / 1 Bath s02-Aquarius
$1,494/mo
490 ft² · $3.05/ft² · #313
Studio / 1 Bath s02-Aquarius
$1,544/mo
490 ft² · $3.15/ft² · #607
Up $10 since Aug 25 (was $1,534)
Studio / 1 Bath s01- Orion
$1,574/mo
526 ft² · $2.99/ft² · #450
1 Bed / 1 Bath 11f-Aries
$1,719/mo
564 ft² · $3.05/ft² · #249
Up $10 since Aug 20 (was $1,709)
1 Bed / 1 Bath 11f-Aries
$1,729/mo
564 ft² · $3.07/ft² · #347
Up $10 since Aug 20 (was $1,719)
1 Bed / 1 Bath 11a-Scorpius
$1,774/mo
681 ft² · $2.60/ft² · #516
Up $10 since Aug 20 (was $1,764)
1 Bed / 1 Bath 11d-Pisces
$1,809/mo
691 ft² · $2.62/ft² · #227
Up $10 since Aug 25 (was $1,799)
1 Bed / 1 Bath 11c-Leo
$1,809/mo
664 ft² · $2.72/ft² · #252
Up $10 since Aug 20 (was $1,799)
1 Bed / 1 Bath 11c-Leo
$1,819/mo
664 ft² · $2.74/ft² · #528
Up $10 since Aug 20 (was $1,809)

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Norfolk, VA notes

No resident notes for this property yet.

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