Map pin135 Lassiter Dr, Hampton, VA, 23666-4456, US

Century Plaza - Hampton, VA

Century Plaza - Hampton, VA_Property for Sale

Attributes

Number of units
120
Year built
1971
Year renovated
2004

Description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to exclusively present Century Plaza for sale, a 120-unit Housing Assistance Payments (HAP) property strategically located in Hampton, Virginia, within the Newport News-Norfolk-Virginia Beach MSA. This investment opportunity features a HAP contract that serves as an effective inflation hedge while ensuring operational stability through contractual annual rent escalations, and is positioned in a fundamentally strengthening market with the potential for two mark-to-market opportunities during a typical 10-year investment period, providing significant value creation potential for investors.

...

Investment Highlights

  1. HAP contract provides stable operations
  2. Strengthening market fundamentals
  3. Premium Newport News MSA with strong military presence
Century Plaza - Hampton, VA (0 Properties)

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
8 Sep 2025