VIRGINIA BEACH, VA. — Hamilton Zanze has sold Maple Bay Townhomes, a 414-unit asset situated at 356 S Chesire Court in Virginia Beach, a coastal city located about 18 miles east of Norfolk, Virginia. The firm sponsored the acquisition of the property in 2019. The buyer and sales price were not disclosed.
Maple Bay was built in 1971. The property offers one-, two- and three-bedroom townhomes ranging from 1,000 to 1,400 square feet. Community amenities include a pool and spa, splash pad, clubhouse, fitness room, dog park, car wash station, playground, garage parking, package lockers and available extra storage space.
Hamilton Zanze renovated the community with new roofing, repainted exteriors and updates to the units, pool area and other common-area amenities.
The sale marks Hamilton Zanze’s third disposition in 2024.