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Investment Highlights
Majority of Property Built in 2002
Larger than Average Unit Size, Offering More Livable Space
Significant NOI UPSIDE: Op Ex Savings, Loss to Lease Burn-Off & Renovation Premium
Average Lease Renewal Rent Growth: ~5.5%
Average New Lease Rent Growth: ~6.00%
Within 10 Minutes from Huntington Ingalls, Christopher Newport University, Canon & Newport News Shipbuilding
Property Details
Property Name
Units
Status
Year Built
Colony Square
92
For Sale
2002
Property Location
53 Colony Square Ct c, Newport News, VA 23602, USA
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