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Promenade Pointe apartments in Norfolk, VA

Updated

Promenade Pointe

6115 Tidewater Dr, Norfolk, VA 23509, USA

4.6 (110 reviews) Official Website

Live pricing, refreshed

11
Units Listed
$1,951
Starting at
$2,282
Average
$2,659
Highest
$2.38
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Fairmont Park rent trends

Beds

Pricing by Bedroom

1 Bed
$2,054
from $1,951 · 6 units
~780 sqft avg
2 Bed
$2,530
from $2,453 · 4 units
~1,126 sqft avg
3 Bed
$2,659
from $2,659 · 1 units
~1,349 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 (14)

Largest 8 movers of 14

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

$366K

$4.4M annual run rate

Est. Occupancy

94%

of about 183 units (reported building size)

Effective Rent on New Leases

$2,129

vs $2,282 current asking ($153 negotiation gap)

Recent Lease Activity

45 units tracked; 34 assumed leased, 11 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

11

Moderate availability

8 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

11 units
1 Bed / 1 Bath Pebble
$1,951/mo
736 ft² · $2.65/ft² · #228
Up $15 since Aug 21 (was $1,936)
1 Bed / 1 Bath Pebble
$1,951/mo
736 ft² · $2.65/ft² · #342
Down $56 since Aug 17 (was $2,007)
1 Bed / 1 Bath Fern
$2,043/mo
777 ft² · $2.63/ft² · #434
Down $56 since Aug 17 (was $2,099)
1 Bed / 1 Bath Fern
$2,069/mo
777 ft² · $2.66/ft² · #212
Down $56 since Aug 17 (was $2,125)
1 Bed / 1 Bath Vista
$2,152/mo
828 ft² · $2.60/ft² · #256
Up $24 since Aug 21 (was $2,128)
1 Bed / 1 Bath Vista
$2,159/mo
828 ft² · $2.61/ft² · #215
Up $16 since Aug 19 (was $2,143)
2 Bed / 2 Bath Cladium
$2,453/mo
1,119 ft² · $2.19/ft² · #252
Up $130 since Aug 21 (was $2,323)
2 Bed / 2 Bath Serenity
$2,455/mo
1,070 ft² · $2.29/ft² · #110
Up $130 since Aug 21 (was $2,325)
2 Bed / 2 Bath Horizon
$2,562/mo
1,136 ft² · $2.26/ft² · #331
Up $130 since Aug 21 (was $2,432)
2 Bed / 2 Bath Mystique
$2,649/mo
1,177 ft² · $2.25/ft² · #418

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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