LOCATION

 

Maple Bay Townhomes is conveniently located directly off of Interstate 264, just three miles from the Atlantic Ocean and the popular Virginia Beach Boardwalk. The property is also close to Oceana Naval Air Station, Norfolk Station, and the Dam Neck Fleet Training Center.


 

9 Military Installations employing 120K 

29% of residents age 25 years or older hold a bachelor's degree or higher

26% of metro Virginia Beach households earn $100,000 or more annually

The metro area's median household income is projected to reach $69,833 by 2022, up 13.8% from 2017

Virginia Beach, Virginia

Virginia Beach,  home to more than 450,000 people, is the largest city in Virginia and the 39th largest city in America. Located in the southeastern corner of Virginia, along the shores of the Atlantic Ocean and Chesapeake Bay, Virginia Beach is only a four-hour drive by car to Washington, D.C.

Named one of America’s “50 Best Cities to Live” by 24/7 Wall Street, Virginia Beach is internationally recognized as one of the best places to live, work, and do business. The city boasts a  skilled, educated workforce, strategic location, low tax rates and a dynamic, diverse economy.  Because of its strategic Mid-Atlantic location, both global and U.S. markets are readily accessed through a superior multi-modal transportation network.

Best Place to Live

The Virginia Beach MSA was ranked among the "Best Places to Live" in the nation
- U.S. News & World Report

 

Premier Shopping Within Walking Distance 

The city’s prime retail and restaurant corridor surrounds the property. The Shops at Hilltop and La Promenade Distinctive Shops, both located just a short walk from the property, are premier shopping destinations with over 120 retailers including Williams Sonoma, Talbots, Jos A Bank, and Aldo’s Ristorante.

 
 

Major Employers

Greater Virginia Beach is home to three Fortune 500 Headquarters

Sentara Princess Anne Hospital

Major Employers Near Maple Bay Townhomes

- Joint Expeditionary Base Little Creek (6,000 employees)

- Sentara Healthcare (5,189 employees)

- Naval Air Station Oceana / Dam Neck (3,600 employees)

- Lynnhaven Mall (2,600 employees)

- Gold Key / PHR Hotels and Resorts (2,365 employees)

- GEICO (2,300 employees)

- STIHL Inc. (2,067 employees)

- Amerigroup (1,850 employees)

- Navy Exchange Service Command (1,550 employees)

The unemployment rate in the city of Virginia Beach was at a low 3.8% in Jan 2017, down 50 basis points from one year prior. Nearly 1,886 businesses are located in ZIP Code 23462, employing approximately 31,464 people.