Mariner’s Watch Norfolk, Virginia

A private entrance to this 434 unit gated apartment community welcomes residents to two and three-bedroom town homes. The location is a half mile from the beaches on the Chesapeake Bay and a short distance to shopping, entertainment and the Norfolk Naval Base. The town homes are well appointed with wall-to-wall carpet, walk-in closets, washer and dryer hook up, fully-equipped kitchens, two full baths, dishwasher, central air and heat, and fenced private back yards. The neighborhood amenities include a swimming pool, clubhouse and fitness center.

This award-winning community had a $20 million refurbishment in 2001. The work included the replacement of every structural component, above and below ground, with the exception of studs, joists and rafters. The project was financed with proceeds from the sale of tax exempt and taxable bonds and proceeds from federal tax (LIHTC) credits. This reconstruction has been a major factor in the ongoing renaissance of the Ocean View area of the Chesapeake Bay in Norfolk. Mariners Watch was the recipient of the Tidewater Multifamily Housing Council award as the most outstanding large property rehab for 2001.

For more information, visit www.marinerswatchapartments.com.