2604 Townhouse Ln, Chesapeake, VA 23323

Colliers International is pleased to present Crossroads Townhomes, Elkhart Townhomes, and Bentley Apartments, a well maintained 202 unit value-add opportunity in Chesapeake and Portsmouth, Virginia. Situated near the intersections of I-64/I-264 and I-664/I-64 the properties are in a prime commuter location with quick access to the MSA's top retail, employment and entertainment nodes. With a strong track record of stable occupancy and equipped with in-demand washer and dryer hook-ups in every unit, each property is primed for a targeted value-add strategy. Minimal deferred maintenance will allow the new owner to focus capital dollars on unit and amenity enhancements and target operational improvements to generate significant rent growth and other income.