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Hamilton Zanze sells pair of Virginia apartment properties after improvements

Rent growth at complexes has outpaced market over past year
Hamilton Zanze has sold the Maple Bay Townhomes in Virginia Beach, Virginia, for an undisclosed price. Rents in the area have risen more than 35% since the firm purchased the property in 2019. (CoStar)
Hamilton Zanze has sold the Maple Bay Townhomes in Virginia Beach, Virginia, for an undisclosed price. Rents in the area have risen more than 35% since the firm purchased the property in 2019. (CoStar)
CoStar News
October 22, 2024 | 5:24 P.M.

Real estate investment company Hamilton Zanze has closed on the sale of two multifamily projects in Virginia, adding to the completion of a handful of improvement programs at several properties this year.

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