Sterling Oaks Norfolk, Virginia

This 160 unit apartment complex is located in the Wards Corner area of Norfolk. The apartments were completely refurbished in 1999 and 2000 through an FHA/HUD loan. The $2.8 million rehabilitation included the complete replacement of walls, floors, kitchens, appliances and every other interior component of the existing buildings. Electrical and plumbing systems were upgraded and new heating and air conditioning systems were installed. Exterior rehabilitation included the replacement of roofs, exterior doors, additional lighting, gables, soffits, facias, gutters, rebuilding porch stoops, canopies, underground electric lines and new landscaping. As a result of these enhancements, revenue on the property has significantly increased and the property consistently maintains very high occupancy.

For more information, visit www.sterlingoaksnorfolk.com.