The availability of multi-story residences in a specific Virginia city, offered under a lease agreement, represents a segment of the residential property market. This category of dwellings typically features shared walls and potentially shared exterior spaces, providing a blend of individual living and community association. For example, individuals relocating to the Hampton Roads region may explore these options as an alternative to detached single-family houses or apartment complexes.
Residing in such properties often presents advantages such as reduced maintenance responsibilities for tenants and potentially lower rental costs compared to detached houses. Furthermore, these residences frequently occupy locations convenient to employment centers, shopping districts, and recreational facilities within the specified urban area. Historically, such housing developments emerged as a response to population density and a demand for more affordable housing options.