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National Investors Are Targeting Coastal Virginia Apartments for Value-Add Plays

Low Vacancies and High Rent Growth Mean More National Capital in Hampton Roads
Hampstead Heath in Hampton, Virginia, is one of the most recent examples of national interest in the Hampton Roads area. (CoStar)
Hampstead Heath in Hampton, Virginia, is one of the most recent examples of national interest in the Hampton Roads area. (CoStar)
By Emiliano Morales Flores
CoStar Analytics
March 12, 2021 | 10:37 P.M.

National multifamily investors have flocked to Hampton Roads, Virginia's value-add apartment market looking to revamp properties so they can boost rents.

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News | National Investors Are Targeting Coastal Virginia Apartments for Value-Add Plays