Virginia Housing Recognizes Buckroe Pointe Apartment Townhomes as the Best Housing Preservation and Revitalization Effort in Virginia

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This award recognizes a revitalization project which preserves existing housing as a broad community economic development effort, allowing residents to remain in their homes while improving the neighborhood.

Before and after images of brand new building exteriors

Before and after images of brand new building exteriors

Located a mile from the historic Buckroe Beach waterfront and part of the historic Fox Hill neighborhood, Buckroe Pointe Apartment Townhomes has been completely transformed.

Buckroe Pointe Apartment Townhomes, formerly known as Fox Hill Townhomes received the Best Housing Preservation and Revitalization Effort Virginia Housing Award for its completion of a $1.5 million renovation of the 252 apartments located in Hampton, VA. The property is owned by Chariots Crossings, LLC and managed by Drucker + Falk, a full-service real estate and investment firm, with headquarters in Newport News, managing more than 30,000 apartments in 9 states.

Located a mile from the historic Buckroe Beach waterfront and part of the historic Fox Hill neighborhood, Buckroe Pointe Apartment Townhomes has been completely transformed. Interior upgrades include new heating and air conditiong, flooring, windows, sliding glass doors, energy efficient lighting, and new kitchens and baths. Exterior improvements include tree trimming, roof replacement, lighting, landscaping, signage and paving.

In addition to the above, a new 4,000-square-foot Community Learning Center and Clubhouse was constructed for the community. This wonderful space not only houses the management and leasing team, but also includes a fitness center, lending library, business center and a place where Science, Technology, Engineering and Math (STEM) programs are offered to our students living at the community. In addition, a wonderful playground was installed just behind the Clubhouse.

This successful renovation would not have been possible without a team of experts working together. When purchased by Comprehensive Community Development Corp. dba Chariots Crossings, the property was 26 percent occupied, with significant deferred maintenance. A collaborative effort between Owner, Virginia Housing Development Authority (VHDA), attorneys at David, Kamp and Frank, architects, city officials and contractor made the renovations and revitalization a reality.

Today, Buckroe Pointe Apartment Townhomes provide quality and affordable housing to its residents.

ABOUT DRUCKER + FALK

Founded in 1938, Drucker + Falk is a full service real estate and investment firm managing a diverse portfolio of more than 30,000 apartment homes and approximately 3,000,000 square feet of office, retail and industrial space in nine states. In addition to managing a broad range of properties, including class A+ to affordable apartment communities, mixed-use and all types of commercial properties, Drucker + Falk partners with clients on developing new properties, renovating and repositioning assets, converting historic properties to unique, upscale apartment homes and offers commercial leasing and sales services. For more information see http://www.druckerandfalk.com.

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Anastasia Pankow
Drucker + Falk
+1 (919) 747-4990 Ext: 405
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