September 2026 HUD file
HUD-insured apartment loans in Virginia
334 properties with 55,919 units carry FHA-insured mortgages in Virginia, with $6.7 billion still owed. The median note rate is 3.21%, and 237 of them are below 4%.
By program
| 223(f) purchase or refinance | 153 |
|---|---|
| 221(d)(4) construction or substantial rehab | 92 |
| 223(a)(7) refinance | 64 |
| HFA risk-sharing | 13 |
| 241(a) supplemental | 5 |
| Older and other programs | 7 |
Lowest rates with 10+ years left
These are the loans a buyer would most want to assume. Open one for the payment math.
| Property | City | Units | Rate | Balance | Matures |
|---|---|---|---|---|---|
| White Oaks Apartments | Chester | 322 | 2.07% | $45.2 million | 2056 |
| Chester Village Green | Chester | 96 | 2.08% | $15.3 million | 2056 |
| The Orchard Apartment Homes | Roanoke | 240 | 2.15% | $24.1 million | 2056 |
| Infinity Apartments | Virginia Beach | 236 | 2.16% | $35.9 million | 2056 |
| Cascades at Woods Corner | Virginia Beach | 226 | 2.16% | $35.7 million | 2056 |
| Berkley Apartments | Newport News | 373 | 2.2% | $36.2 million | 2056 |
| Legacy at Linden Park Apartments | Lynchburg | 408 | 2.21% | $32.5 million | 2056 |
| Virginia Commons Apartments | Dumfries | 188 | 2.21% | $26.3 million | 2056 |
| Oakview Garden Apartments- Section II | Falls Church | 158 | 2.23% | $22.5 million | 2055 |
| Heritage Forest Apartments Phase I | Newport News | 144 | 2.23% | $7.8 million | 2061 |
| Elevations One | Woodbridge | 209 | 2.24% | $28.1 million | 2056 |
| Colony Village Apartments | North Chesterfield | 332 | 2.25% | $44.0 million | 2056 |
| Auro at Towne Place | Chesapeake | 215 | 2.25% | $31.8 million | 2055 |
| The Apartments at Goose Creek | Fishersville | 204 | 2.26% | $27.9 million | 2056 |
| Oakview Garden Apartments-Section I | Falls Church | 166 | 2.27% | $23.6 million | 2055 |
Filter every state in the assumable-loan finder
Paying off within five years
Most HUD loans amortize to zero, so these balances are usually small. The owners are deciding what to do with a nearly paid-off property.
| Property | City | Units | Rate | Balance | Matures |
|---|---|---|---|---|---|
| Calvary Towers | Norfolk | 112 | 2.95% | $86,745 | 2026 |
| Herndon Harbor House Ltd | Herndon | 60 | 6.35% | $62,007 | 2027 |
| Paul Spring Retirement | Alexandria | 147 | 3.8% | $1.2 million | 2028 |
| Herndon Harbor House II | Herndon | 60 | 6% | $346,859 | 2029 |
| Gillhaven Manor Apartments | Petersburg | 101 | 6.05% | $837,764 | 2029 |
| Willow Woods Apartments | Radford | 144 | 4.984% | $2.5 million | 2029 |
By city
- Richmond 33
- Virginia Beach 24
- Charlottesville 18
- Norfolk 17
- Chesapeake 15
- Newport News 14
- Fredericksburg 12
- Roanoke 11
- Suffolk 11
- Lynchburg 10
- Woodbridge 10
- Chester 9
- Arlington 8
- Alexandria 7
- Blacksburg 7
- Fairfax 7
- Herndon 6
- Mechanicsville 6
- Williamsburg 6
- Ashburn 4
- Hampton 4
- Harrisonburg 4
- Hopewell 4
- Manassas 4
- Portsmouth 4
- Spotsylvania 4
- Winchester 4
Everywhere else in Virginia
- John Early Apartments Bedford · 6.58%
- Springdale Village Apartments Bristol · 4.85%
- Eagle Harbor Apartments Carrollton · 2.52%
- Eagle Harbor II Apartments Carrollton · 3.43%
- Eagle Harbor West Carrollton · 2.92%
- Chesterfield Gardens Apts Chesterfield · 3.1%
- Madison Apartments Homes Christianburg · 5.33%
- Old Farm Village Apts Christiansburg · 3.25%
- Pepper's Ferry Apts Christiansburg · 3.95%
- Ridgeview and Briarcliffe at S Clifton Forge · 3.13%
- River Retreat Apartments Covington · 5.32%
- The Meadowlands Crozet · 3.35%
- The Summit at Old Trail Apts Crozet · 3.32%
- Daleville Town Center Daleville · 2.9%
- Daleville Town Center Apts Phase II Daleville · 3.44%
- Fieldstone Place Daleville · 5.45%
- Settlers Point Apts Damascus · 6.5%
- Danville House Apartments Danville · 3.57%
- The View at Franklin Phase I Danville · 5.28%
- Princeton Woods Apartments Dumfries · 2.38%
- Virginia Commons Apartments Dumfries · 2.21%
- Wyndham Pointe Apartments Dumfries · 2.57%
- Olley Glen Faifax · 6.4%
- Oakview Garden Apartments- Section II Falls Church · 2.23%
- Oakview Garden Apartments-Section I Falls Church · 2.27%
- Parkwood Apartments Falls Church · 4.48%
- Poplar Forest Apts. Farmville · 3.15%
- Goose Creek Apartments Phase II Fishersville · 3.65%
- The Apartments at Goose Creek Fishersville · 2.26%
- Champions Club Apartment Glen Allen · 2.51%
- Riverbend Apts. Gloucester · 3.15%
- Westlake Apartments Hardy · 5.33%
- Reflections Apartments Henrico · 2.53%
- Reflections of West Creek Henrico · 3.05%
- Westview Terrace Hillsville · 7.5%
- Pinecrest Apartments Lawrenceville · 5.505%
- Potomac Station Leesburg · 2.57%
- Epworth Manor Louisa · 2.8%
- Waverly Place Louisa · 2.48%
- Southview Apartments Marion · 3.9%
- Lewinsville Retirement Residence Mclean · 3.55%
- Lewinsville Senior Residences Mclean · 3.37%
- Abberly at Centerpointe Midlothian · 3.8%
- Summerfield Senior Apartments Midlothian · 6.08%
- The Winterfield at Midlothian Midlothian · 3.09%
- Colony Village Apartments North Chesterfield · 2.25%
- Gillhaven Manor Apartments Petersburg · 6.05%
- Independence Place Jefferson Park Prince George · 4.66%
- Heart at Patriot Landing Quinton · 5.96%
- Willow Woods Apartments Radford · 4.984%
- Hunters Woods Reston · 3.46%
- Island Walk Apts Reston · 3.25%
- The Knoll at Stone View (formerly Known As Ruckerville) Apts Ruckersville · 2.99%
- Valleydale Lofts Salem · 5.57%
- Gerwyn Manor Sandston · 4.25%
- Kingsborough Square Apartments Shesapeake · 5.36%
- Colonial Ridge Apts South Chesterfield · 3.5%
- Springfield Gardens Apartments Springfield · 3.1%
- Big Sky Apartments Staunton · 2.72%
- Springhill Village Apts Staunton · 3.75%
- Willow View Townhomes Staunton · 4.49%
- Frederick House Stephens City · 3.29%
- Muirfield Woods Sterling · 2.48%
- Stone Springs Apts Sterling · 3.9%
- Shenandoah Station in the Park Triangle · 3.26%
- Windigrove Apartments Waynesboro · 3.15%
- Windigrove Apartments - Phase II Waynesboro · 3.44%
- Windigrove Apartments- Phase III Waynesboro · 4.13%
- Landing at Weyers Cave Weyers Cave · 4.223%
- Crossing Pointe Apartments Zion Crossroads · 5%
- Stonegate at the Crossroads Zion Crossroads · 2.65%
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Apartment loans only; nursing homes, assisted living and hospitals in the same file are not counted.
Own or buying in this state?
Send the property to the Janover Capital desk for a read on assumption, 223(a)(7) or a new HUD loan.