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.