Property Management

When managing a community, Frye Properties delivers unmatched standards of operation, enduring asset quality
and great customer service, whether it’s a property we own or one we manage for another owner.

For over four decades, Frye Properties has acquired and rehabilitated more than 5,000 units in 22 multifamily complexes in the Southeast. We have focused on ground-up renovations of our properties in Virginia, North Carolina, South Carolina, Georgia and Tennessee.

From the $20 million reconstruction of the 434-unit Mariner’s Watch in Norfolk, Va., to the $30 Million acquisition and rebuilding of the 420-unit University Heights in Charlottesville, Va., Frye has enhanced the value of each property, and enriched the daily lives of our residents, while at the same time providing our partners, with whom we have a long history, significant returns on investment.

When managing a community, Frye Properties delivers unmatched standards of operation, enduring asset quality and great customer service, whether it’s a property we own or one we manage for another owner.

For over four decades, Frye Properties has acquired and rehabilitated more than 5,000 units in 22 multifamily complexes in the Southeast. We have focused on ground-up renovations of our properties in Virginia, North Carolina, South Carolina, Georgia and Tennessee. And, more recently, Frye has built luxury apartments in the East Beach community on the Chesapeake Bay in Norfolk.

From the $20 million reconstruction of the 434-unit Mariner’s Watch in Norfolk, Va., to the $30 million acquisition and renovation of the 420-unit University Heights apartment complex in Charlottesville, Va., Frye has enhanced the value of each property, and enriched the daily lives of our residents, while at the same time providing our partners, with whom we have a long history, significant returns on investment.

Characteristics of our Communities:

  • Excellent curb appeal
  • Professional, experienced, and friendly staff
  • High occupancy
  • Well-used amenities
  • Happy residents
  • Operational excellence
  • Financial efficiency
  • Significant return on investment

Our Turnkey Management Services:

  • Comprehensive budgeting
  • Annual capital-improvement schedules
  • Scheduled and unscheduled maintenance and repairs
  • Aggressive leasing strategies, successful marketing
  • In-house property upgrades and replacements
  • Beautiful, well-tended landscaping

Our Portfolio:

  • University student housing

  • High-end (under construction)
  • Garden, mid-rise, mixed-use, rent controlled
  • HUD, Tax-Credit
  • Senior housing

  • Class A, B, C, vintage early 1900s through new construction
  • Retail

  • Commercial

Frye customizes our management services

We manage your property like we manage our own. We provide financial acuity and operational excellence that maximizes your return on investment because we know the importance of balancing the maintenance of your asset with the distribution of cash.

Frye’s Management Portfolio

Admirals Way

Norfolk, VA

Chelsea at Lee Hall

Newport News, Va

Jasmine Place

Savannah, Ga

Magnolia Manor

Sumter, S.C.

Mariner’s Watch

Norfolk, VA

Ocean Pebbles

Virginia Beach, Va

Sterling Oaks

Norfolk, Va

University Heights

Charlottesville, VA

Village Square at East Beach

Norfolk, VA

Villas of Oakwood

Richmond, Va

Villas at Southern Ridge

Charlottesville, VA
Other Managed Properties
Apartments
  • Glendale Homes, Virginia Beach, VA
  • Hilton Head Gardens, Hilton Head, SC
  • Oakview, Fayetteville, TN
  • Ocean Lakes, Virginia Beach, VA
  • Stonebridge Manor, Norfolk, VA
  • Stuart Gardens I, Newport News, VA
  • Stuart Gardens II, Newport News, VA
Commercial
  • East Beach Village Square, Norfolk, VA
  • Shoppes at Pretty Lake, Norfolk, VA
  • 300 West Freemason St., Norfolk, VA
  • 409 Yarmouth St., Norfolk, VA
  • 225 Cleveland St., Virginia Beach, VA

Contact Us

We look forward to hearing from you!

757-627-1980
300 West Freemason St
Norfolk, VA 23510
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© 2021 Frye Properties