Fox Hill Apartments

Capstone is pleased to present Fox Hill Apartments, a 96-unit, 1973 vintage value-add apartment community in Hampton, Virginia. Fox Hill Apartments presents investors with an exceedingly rare opportunity to complete and expand on the in-place value-add program currently recognizing substantial premiums over classic units. Fox Hill Apartments has been exceptionally well-maintained, as current ownership has recently invested over +$1,050,000 of capital expenditures. Located in northeast Hampton, residents of Fox Hill enjoy a quiet living environment surrounded by residential neighborhoods and an abundance of Class A retail options all within a short commute. With positive multifamily fundamentals, an excellent location proximate to thousands of jobs, and a robust value-add program to complete, Fox Hill Apartments represents one of the premier investment opportunities in Hampton, Virginia.

Investment Highlights

Well Positioned Value-Add Asset with Attractive Assumable Debt Terms

Sizable Rent Growth Opportunity as Market Rents Trail Local Competitors

Surrounded by Pivotal Economic Drivers, Thousands of Jobs, and Class-A Retail

Strategically Positioned Amidst Burgeoning New Developments