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Promenade Pointe apartments in Norfolk, VA

Updated

Promenade Pointe

6115 Tidewater Dr, Norfolk, VA 23509

4.6 (110 reviews) Official Website

Live pricing, refreshed

8
Units Listed
$1,920
Starting at
$2,223
Average
$2,873
Highest
$2.22
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Fairmont Park rent trends

Beds

Pricing by Bedroom

1 Bed
$1,979
from $1,920 · 4 units
~815 sqft avg
2 Bed
$2,331
from $2,260 · 3 units
~1,114 sqft avg
3 Bed
$2,873
from $2,873 · 1 units
~1,425 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (32)

Largest 8 movers of 32

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

$362K

$4.3M annual run rate

Est. Occupancy

96%

of about 183 units (reported building size)

Effective Rent on New Leases

$2,066

vs $2,223 current asking ($157 negotiation gap)

Recent Lease Activity

33 units tracked; 25 assumed leased, 8 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

8

Moderate availability

5 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

8 units
1 Bed / 1 Bath Sawgrass
$1,920/mo
775 ft² · $2.48/ft\u00B2 · #116
Up $52 since Jul 10 (was $1,868)
1 Bed / 1 Bath Vista
$1,989/mo
828 ft² · $2.40/ft\u00B2 · #256
Up $52 since Jul 10 (was $1,937)
1 Bed / 1 Bath Vista
$2,004/mo
828 ft² · $2.42/ft\u00B2 · #211
Up $52 since Jul 10 (was $1,952)
1 Bed / 1 Bath Vista
$2,004/mo
828 ft² · $2.42/ft\u00B2 · #309
Up $52 since Jul 10 (was $1,952)
2 Bed / 2 Bath Serenity
$2,260/mo
1,070 ft² · $2.11/ft\u00B2 · #229
Up $75 since Jul 10 (was $2,185)
2 Bed / 2 Bath Horizon
$2,357/mo
1,136 ft² · $2.07/ft\u00B2 · #224
Up $32 since Jul 10 (was $2,325)
2 Bed / 2 Bath Horizon
$2,377/mo
1,136 ft² · $2.09/ft\u00B2 · #131
Up $32 since Jul 10 (was $2,345)
3 Bed / 2 Bath Heron
$2,873/mo
1,425 ft² · $2.02/ft\u00B2 · #219
Up $60 since Jul 7 (was $2,813)

Train activity

Severe nighttime trains

Freight line 1,450 ft away · 8 trains/day

  • 4 daytime, 4 overnight
  • Crossing 1,450 ft away. Horns expected day and night.
  • Operator: NS

Why this matters →

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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