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The 112 unit Ocean Pebbles apartment community was purchased in 1989. It sits within walking distance of the Virginia Beach boardwalk on the Atlantic Ocean. The community offers spacious floor plans, balconies and enclosed private patios. It is just minutes from I-264, Dam Neck, Fort Story, Oceana Naval Bases, and Rudee Inlet. This property was refinanced in 2000 with the proceeds from a Virginia Housing Development Authority loan. At that time, renovations were undertaken to upgrade the apartments to take advantage of the very attractive and competitive oceanfront market. This work included the replacement of existing roofs and existing cedar shake mansards, the replacement of windows and interior upgrades, including replacement of bath amenities and fixtures. As a result, Ocean Pebbles continues to compete very effectively in the Virginia Beach multi-family rental market. For more information, visit www.oceanpebbles.com. |
| Frye Properties | 300 West Freemason Street, Norfolk, VA 23510 | 757-627-1980 |