Overview
Stepping Stone at Bridgewater is a 188-unit Class A
multifamily property located in Chesapeake, VA,
offering luxury interiors, resort-style amenities, and fast
access to Norfolk and Virginia Beach. With steady
population growth, strong commuter demand,
and limited new supply, the property is positioned for
long-term rent growth and asset appreciation.
Project Description
Stepping Stone at Bridgewater is a newly
constructed, Class A multifamily community located in
Chesapeake, Virginia — one of the most desirable
suburban markets in the Hampton Roads region.
The property features 188 luxury units across a mix of
one-, two-, and three-bedroom layouts, offering
upscale finishes, energy-efficient appliances, granite
countertops, and private balconies or patios.
Residents enjoy top-tier amenities including a
resort-style pool, state-of-the-art fitness center,
resident clubhouse, coworking spaces, outdoor
entertainment areas, and a private dog park.
Centrally located with easy access to Interstate 64 and
464, Stepping Stone offers commuters quick routes to
Norfolk, Virginia Beach, and downtown Chesapeake.
The surrounding area benefits from strong employment
anchors such as military bases, healthcare centers, and
major corporate campuses, driving steady
rental demand. Chesapeake’s consistent population
and income growth, along with limited new multifamily
supply, create a favorable environment for rent growth
and long-term appreciation.
Key Highlights:
118 luxury apartments with high-end interior finishes
Resort-style amenities for premium tenant attraction and
retention
Central location with quick access to Norfolk,
Virginia Beach, and downtown
Close to major employers, military bases, and
healthcare hubs
Chesapeake’s population and income base trending
upward year-over-year
Positioned for stable cash flow and long-term value
growth
Stepping Stone at Bridgewater is a prime opportunity
to invest in a high-demand, supply-constrained market
with strong fundamentals and upside potential.