104-Unit Apartment
For Sale
Contact for pricing
6020 Churchland Blvd, Portsmouth, VA 23703
Established apartment community with an active unit-upgrade program and recent capital improvements.
Property SizeContact for details
Days on Market143
Property Features for 6020 Churchland Blvd
General Information
Standard status
Active
Property subtype
Multifamily
Property Condition
Severity
Repairs Needed
Evidence
minimal deferred maintenance
Additional Details
Multifamily Units
104
Building Details
Year Built
1972
Listing Agency:
Northmarq
Listed By:
Matt Weinstein · License #NC 332046
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 2:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq
Investment Insights
Based on property information with market context.
Abelia Square is a 104-unit apartment community constructed in 1972. The property has an existing value-add program focused on unit upgrades, with renovated units achieving premiums compared with classic units. Current ownership has also completed recent capital improvements, supporting the property's ongoing physical upkeep.
The community is located at 6020 Churchland Blvd in Portsmouth, Virginia. The surrounding area includes major employment concentrations and established Class A retail corridors, providing access to nearby demand drivers and commercial services.
The community is located at 6020 Churchland Blvd in Portsmouth, Virginia. The surrounding area includes major employment concentrations and established Class A retail corridors, providing access to nearby demand drivers and commercial services.
Key Highlights
- 104‑unit apartment community
- Constructed in 1972
- Existing value‑add program with upgraded units achieving premiums over classic units
Property Analytics
Current Use
Lease Details
104
Residential units
Location Intelligence
Trade Area within ½ mile
1,209
Businesses Nearby
Explore this area
Business Placement
Demographics for 23703, VA
26,388
Population
10,856
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
91%
High-School Grad
13.9 sq mi
ZIP Area
1,898
Density / Sq Mi
$75,804
Median Household Income
$46,288
Median Earnings
$1,377
Median Rent
$273,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Established apartment community with an active unit-upgrade program and recent capital improvements.
Where is this apartment building located?
The property is located at 6020 Churchland Blvd Portsmouth, VA.
What are key features of this property?
This property features: 104‑unit apartment community; Constructed in 1972; Existing value‑add program with upgraded units achieving premiums over classic units
