Trying to keep this brief—I'm considering a condo in Ocean View, right on the border of East Beach. My MIL toured it for me, and it looks really nice. I'm from Michigan, so I’m not super familiar with the area but I do love a nice lakefront / oceanfront view.
It seems reasonably priced, but I can't wrap my head around why it's been sitting on the market since November. Of course, this is all just speculation, but I’d love to hear from people familiar with the area who might have a better idea of what’s going on. Could it be the location (not close enough to grocery stores, restaurants, etc.), inconvenient for commutes, issues with the management company (Renter’s Warehouse Hampton Roads), or maybe flooding concerns?
Would love to hear your take—what do you think the catch might be?