Norfolk Property Management

Property Management in Norfolk, Virginia

Located in the southeastern part of the state, near Chesapeake and Virginia Beach, Norfolk is the second most-populous city in Virginia, with over 247,000 people. Its proximity to the waterfront, and location in the Hampton Roads region, near many major metropolitan areas, makes this city an attractive place to live. The cultural diversity is great with large European and African American populations. Over 61 percent of the adult population has at least some of a bachelor’s or associate’s degree or higher.

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Norfolk, Virginia Details

Norfolk is an older city, as it was founded in 1682. Most of the current buildings were constructed in a Federal style, because the city burned down during the Revolutionary War. The latest U.S. Census Bureau reports the median household income between 2012 and 2016 was $45,268. As of April 2018, the median home value in this city is $183,318. The average cost of a three bedroom, two bath rental property is over $1,600 a month. The median rent price for all properties is $1,350.Call us for an in-depth market analysis of your rental property.

Norfolk Property Management

Real Estate Facts

The median sales price of homes is $205,000. According to Zillow, home values have gone up 5.9 percent in the past year, and they are expected to rise by at least 2 percent in the future. The median list price for square foot on a property is $133.

Neighborhood Scout

Some of the most desirable neighborhoods are Ghent, West Ghent and Larchmont-Edgewater. Ghent, which includes Colley Avenue and 21st and 22nd streets, is a historical area. Many attractions and amenities can be found within walking distance, which adds to its appeal. Larchmont-Edgewood is five minutes from downtown, so it is close to the hustle and bustle. Right now, Ghent’s median home value is $343,043, while the median price of homes is $323,900.

Schools

Larchmont Elementary, Willoughby Elementary School and Crossroads School are good bets for elementary and middle education. For secondary schools, The Governor’s School For The Arts and Granby High School are well-respected. Old Dominion University is located right in the city.

Weather

The weather is characterized as a humid subtropical climate. The average temperature‎ is‎ a moderate 60°F, while the average high is 68°F, with the low at 52°F. Winters are pretty mild, only seeing light snowfall. Heavy outwear is not usually needed, except for light hats, gloves and jackets. Light layers, pants, shorts and long and short-sleeved tops are needed to dress for the temperatures, which tend to be not too cold, but not too hot.

Historic Landmarks

There are numerous historic landmarks in Virginia, and this city is no exception. The Ghent Historic District, which includes museums, shops, old buildings, cafes and a bustling cultural scene, is a must-visit. It is easily travelled by walking, and Colley Avenue, Colonial Avenue and 21st Street are at its center. The Ghent Business District also offers much to see. St. Paul’s Episcopal Church is also worth a look.

Things to Do

View the artwork at the Chrysler Museum of Art. The paintings, glassworks and artifacts are standout works. The best part is that admission is free for visitors. Live theatre fans can take on a show at Chrysler Hall, which features national tours, famous artists and other visually-stunning productions. For a unique attraction, walk the Mermaid Trail to see the Mermaids on Parade, colorful artworks, located around the city. Visit the Mermaid factory to paint your own miniature mermaid sculpture.

Go Outside

The Botanical Gardens and the Hermitage Museum and Gardens offers endless opportunities to get outside, see the lush green grass and admire the flowers. For an escape, visit the Pagoda & Oriental Garden. It is typically so quiet that you might just forget that you are in a city. If you are into sports, take in a Norfolk Tides baseball game at Harbor Park.

Other Noteworthy Attractions

Go onboard the Battleship Wisconsin, go shopping at the MacArthur Center or visit the animals at the Virginia Zoo.

Where to Eat

No Frill Bar and Grill offers up affordable eats from crab cakes to Asian portabella salad. Check out the Sunday brunch for croissant French toast, Eggs Benedict and plenty of cocktails. For fancier fare, dine at the Chartreuse Bistro for good service and fresh farm-to-table food. The menu changes every day, so there is always some variety in the offerings. Some recent choices included mushroom ravioli, turnip bisque, Chesapeake Bay Rockfish and pistachio crème brulee. Are you in the mood for some American dishes? Look no further than the following two places. The Grilled Cheese Bistro offers unique takes on the classic sandwich. Maybe you will go for a three-cheese one, the Sam I Am, with chimichurri, ham and Swiss or the Smoke House with Carolina pork and slaw, plus cheddar. Doumar’s, another noteworthy eatery, is the home of the first waffle cone. Watch the cones being rolled while noshing on some grub. Choose from barbecue, burgers, hot dogs and sandwiches. The minced pork barbecue sandwich, cheeseburger and double meat hot dog are sure to satisfy your hunger cravings. Finish it off with ice cream in a handmade cone. Stick with the classic flavors of chocolate, vanilla or strawberry for an all-American meal.

Our property management team specializes in residential areas throughout Norfolk, VA. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands.

Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Norfolk area property management services.

Outstanding work ethic and an exceptional attention to detail.
Bryant C., Satisfied Client
Keyrenter in Hampton Roads is by far the best property management service. Management is prompt, professional and genuinely caring. There has never been an issue and management stays on top of things! I recommend Keyrenter HR for any renting needs you may have!
Candice T., Satisfied Client

The easiest and most smooth process. I still can’t believe how smooth things went but Rodney has taken care of everything for us during the whole process from beginning to end. As a property manager should. He found the right tenants to move in and we haven’t had any problems. I would easily recommend Keyrenters to anybody.
Galen B., Satisfied Client
Rodney Fentress is awesome. Great owner/landlord. We love our home, it's a really nice house. Had a maintenance problem that was handled promptly. We recommend this company.
Tahesha C., Satisfied Tenant

Tenant Placement
Keyrenters tenant placement service is designed to provide landlords with a solution to the most difficult problem, finding a good tenant. Our leasing agents will not only locate good tenants, we use a thorough screening process and can even negotiate fair lease agreements.
Maintenance & Inspections
Our maintenance and inspection services are designed to keep the value of your property intact. We offer a full service options to provide our clients with only the best service possible. We will handle all of the difficult problems related to caring for the property and tenants.
Accounting
Do you hate collecting monthly checks? Keyrenter provides accounting services to make sure you are paid on time, and your tenants are upholding lease agreement. We can assist with a variety of accounting options from monthly billing to taxes and other financial needs.