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Apparently our area has an unmet need of high end rental properties, as The Reserve at Stoneport will be expanding their community off of Port Republic Road near Sentara RMH Medical Center.

Current Community: 168 apartments
Planned Expansion:  240 apartments

Per the developer, the current inventory of apartments are 98 to 99 percent full, and the first apartments in the new phase will be available in late 2017.

Rental rates will range from $985 - $1735 per month, and there were be even more one-bedroom units in the new phase....

• 50% one-bedroom apartments
• 39% two-bedroom apartments
• 11% three-bedroom apartments

Read more about this expansion per this August 2016 Daily News Record article.