Exhibit III-11
PRICE TO SIZE RELATIONSHIP - STUDIO AND ONE-BEDROOM UNITS
NEWER APARTMENTS IN CHESAPEAKE, VA
FEBRUARY 2014
$1,000
$1,100
$1,200
$1,300
$1,400
SOURCE: Property Websites; Leasing agent interviews
$800
$900
550
600
650
700
750
800
850
900
950
1,000
Aura at Towne Place 1B/1Ba
The Carlton at Greenbrier 1B/1Ba The Morgan 1B/1Ba
Tapestry Park 1B/1Ba
Bell Great Bridge 1B/1Ba
Bell Great Bridge 1B/1Ba/G
Belmont at Greenbrier 1B/1Ba
Hideaway at Greenbrier 1B/1Ba
Adalay Bay 1B/1Ba
Fenwyck Manor 1B/1Ba
Streets of Greenbrier Studio
Streets of Greenbrier 1B/1Ba
Streets of Greenbrier 1B/1Ba/L
Exhibit III-11
E4-11982.40
Printed: 3/27/2014
CITY OF CHESAPEAKE
