Starboard Townhomes

Posted: 2/24/2021
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About Starboard Townhomes

The Cushman & Wakefield Mid-Atlantic Private Client Group is pleased to present the exclusive listing of Starboard Townhomes in Portsmouth, VA . The 78-unit Property offers future ownership the attractive opportunity to acquire a workforce housing asset with immediate value-add potential, through continued unit upgrades, demonstrated rent premiums and improving in-place occupancy. Management has made significant capital improvements to the Property in the past three years, including the installation of In-Unit Washer/Dryers. Starboard Townhomes offers a favorable unit mix of primarily Two Bedroom and Three Bedroom Apartments. The Property is less than 5 miles from Sentara Hospital, the second largest employer in Hampton Roads, with over 20,000 employees in the region. Starboard Townhomes is located in a Federal Opportunity Zone.