Multi Family Investment Properties for Sale in Chesapeake, VA

Chesapeake, VA offers strong opportunities in multi-family investments with steady demand from military families and growing workforce. Average rents support solid cash flow, while appreciation holds at 3-4% annually. Cap rates around 6% attract value-add plays in this suburban market. Renter occupancy exceeds 30%, bolstered by proximity to naval bases. Employment growth in logistics and manufacturing enhances rental stability. Low vacancy and rising incomes make multi-family a reliable choice here.