757 Saltmeadow Bay Dr
Virginia Beach, VA 23451

Saltmeadow Bay Apartments is a premier investment opportunity steps from the Virginia Beach oceanfront. Situated off Laskin Road, the City’s busiest arterial thoroughfare, residents enjoy the amenities of neighboring upscale residential; highly sought after Virginia Beach public schools and proximity to the premier dining, entertainment and retail venues in the region. Residents can access the oceanfront beaches and resorts via a scenic half-mile walk through Beach Garden Park. Its irreplaceable location positions Saltmeadow Bay amongst affluent neighborhoods, most notably The North End, where home values exceed $1 million. Nearly 40 percent of the units remain in a classic state, allowing for additional upside by completing unit interior renovations. Renovated units offer market-leading finishes including stainless steel appliances, custom cabinetry, luxury vinyl plank floors, granite countertops in kitchens and baths, and new lighting packages. Competing communities with similar finishes quote monthly rents 16% or $305 higher than Saltmeadow Bay. Both renovated and classic units are near the bottom of the competitive set, proving significant runway for rent growth.