Virginia’s 50+ Unit Multifamily Specialist Focused. Proven. Relentless.
In Virginia’s multifamily market, there’s a clear dividing line.
Below 50 units, you’re playing small-ball — limited financing options, a smaller buyer pool, and less operational efficiency. At 50 units and above, everything changes. The asset starts working for you, not against you. That’s the space I live in. Always have. Always will.

Owning 50+ unit multifamily properties isn’t just about scale — it’s about unlocking an entirely different level of performance. These assets deliver stronger operational efficiency, greater NOI stability, and higher buyer demand than their smaller counterparts.Through my proven evaluation framework, I analyze every property across eight critical drivers — from rent positioning and expense ratios to market velocity and capital structure. The result: owners see exactly where untapped value exists, and how to capture it before going to market.
- 50+ total units with efficient density for operational scale without overloading infrastructure.
Positioned in submarkets with strong job growth, population inflow, and diversified employment drivers (Richmond MSA, Hampton Roads, key Southern VA corridors).
90–95%+ occupancy with stable tenant base; minimal economic vacancy.
In-place rents at or below submarket averages with room for value-add lift.
On-site management and maintenance, optimized expense ratios, and proven vendor relationships.
Solid core systems (roof, HVAC, plumbing) with moderate-to-high renovation scope completed or planned.
Competitive with market comps — parking, fitness, outdoor spaces, tenant lounges, and/or pools.
Favorable loan terms with assumable debt or refinancing potential.
If You Own 50+ Units in Virginia...
Why These Criteria Matter
Every institutional buyer, private equity group, and family office in the 50+ unit space looks for these fundamentals — and every owner should know how their property measures up. My job is to position your asset so it checks as many of these boxes as possible before it ever goes to market. That’s how we outperform average brokerage results and close at the top of the range.
A representative will reach out with more details.

Justin Ferguson is a Multifamily Specialist in Marcus & Millichap's Southern Virginia Office. He prides himself in helping corporate professionals, private investors, REITS, developers, and syndicators strategize and maximize their returns to grow their portfolios at faster, more efficient rates.