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Southpoint Reserve at Stoney Creek

Fredericksburg, VA

Southpoint Clubhouse.PNG
Southpoint Pool.PNG

In March 2020, Blackfin acquired Southpoint Reserve at Stoney Creek, a 156-unit, Class B multifamily community in Fredericksburg, VA. Originally built in 1985, the community offers one, two- and three-bedroom units ranging in size from 450 to 1,075 square feet. Many of the units have been fully renovated with new appliance packages along with kitchen, flooring and lighting upgrades. Community amenities include a clubhouse with a resort-style pool and grilling stations, a 24-hour fitness center, business lounge, playground and sand volleyball court. Located just two miles from I-95 on Steeplechase Drive, the property boasts excellent proximity to a number of transportation options and large employers such as Mary Washington Hospital, the University of Mary Washington, Geico and two Federal Agencies – the U.S. Department of Defense and the U.S. Federal Bureau of Investigation. The asset is uniquely positioned to provide stable housing for a continuously growing workforce, and Blackfin plans to continue to add value through a focused and ongoing asset management program.

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