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ROSS Cos. acquires apartments in Virginia Beach, Va.
Transactions - OCTOBER 30, 2019

ROSS Cos. acquires apartments in Virginia Beach, Va.

by Released

ROSS Cos. has acquired The Hamptons Apartments, a 212-unit community in Virginia Beach, Va., in partnership with Realty Mogul.

“We are excited about the acquisition of The Hamptons Apartments,” said Dave Miskovich, CEO of ROSS Cos. “It’s located in a thriving submarket and offers residents access to a comfortable and exciting lifestyle. With all that the community has to offer, we are confident that The Hamptons will become the first choice for residents seeking a best-in-class living experience in this submarket. It is clearly well positioned for long-term success.”

ROSS Management Services will manage the community and will oversee a renovation program that will include common-area and interior improvements, including clubhouse renovations, fitness center, outdoor living spaces, and interior renovations.

The community is just minutes from the new Virginia Tide Light Rail as well as the Navy Amphibious Base (NAB) at Little Creek, the Naval Air Station (NAS) Oceana and Virginia Wesleyan University. The Hamptons is also close to numerous shops, restaurants, schools and parks.

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