Chesapeake Property Management
Let us manage your Chesapeake rental property
Key takeaways
- Comprehensive Property Management Services - KRS Holdings has been a trusted Chesapeake property management company since 1990, offering full-service solutions including leasing, marketing, daily operations, maintenance, rent collection, and accounting.
- Strong Maintenance and Financial Support - With year-round maintenance technicians and a dedicated accounting department, landlords benefit from efficient property upkeep and professional bookkeeping.
- Chesapeake’s Attractive Real Estate Market - Chesapeake, VA, is a prime investment location. The city’s reputation for quality of life and business growth makes it a desirable area for both landlords and tenants.
KRS Holdings, Inc. has specialized in Chesapeake property management since 1990. Our guiding principle has always been to maximize the value of our clients’ residential properties, while we minimize their time commitment.
Apartments, single family homes, duplexes and commercial properties...whatever you rent will be managed with excellence by our professional property management team to attract and retain tenants.
Full Service Property Management
Leasing and Marketing
A dedicated Chesapeake leasing and marketing agent will work to ensure that your property is always at full occupancy. By proactively monitoring market trends and promoting your investment property with strategic advertising placements, occupancy rates have the potential to exceed the market average.
Operations
The residential property managers at KRS Holdings are equipped with the necessary skills to effectively manage every day tasks and resolve any conflicts that might arise with tenants.
Rent Collection
We handle all aspects of rent collection efficiently and professionally. Tenants can pay rent securely online, ensuring convenience and reducing the risk of late or missed rent payments. Our team tracks all rent payments, sends reminders when necessary, and enforces lease terms in compliance with Virginia law. In cases of delinquency, we take appropriate action so you can enjoy reliable income without the stress of chasing rent payments.
Maintenance
Proactive maintenance is an essential component of successful property management. Our maintenance team has the necessary skills to address any problems with your property in a timely manner while minimizing your out-of-pocket costs. You can rest-assured knowing we have property maintenance technicians available year round.
Accounting
The primary objective of our accounting department is to provide turnkey bookkeeping services to keep your rental property business running smoothly. You’ll have peace of mind knowing your records are professionally managed and safeguarded with our property management services.
Tenant Screening
Finding reliable tenants is one of the most important responsibilities of a property management company. Our property management services include a thorough tenant screening process to ensure you only rent your property to responsible, qualified residents.
Each prospective tenant undergoes credit checks, employment and income verification, and rental history analysis. By carefully assessing applicants, we help minimize risks such as missed rent payments, property damage, or lease violations, protecting both your investment and your peace of mind.
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discover Chesapeake

CHESAPEAKE VA MARKET
Residential real estate investors, whether contemplating your first purchase or as a seasoned rental property owner seeking to expand your portfolio, be sure to consider Chesapeake, Virginia. As a property management company, we did the research and committed to serving landlords and renters in this market. Here’s why you should consider doing so as well.
Chesapeake is a Virginia city located on the border of North Carolina … at the midpoint of the U.S. Atlantic Coast and 3.5 hours south of Washington, DC. Two-thirds of the U.S. population and industrial production are within 750 miles of Chesapeake. The City enjoys the reputation as one of the best locations for business investment and quality of life.
Chesapeake’s economy is characterized by one of the strongest and most highly skilled workforces in the U.S. The area has achieved great success in recruiting and retaining new and existing companies. Known for its excellent telecommunications and transportation infrastructure, Chesapeake has become a desired location for businesses. In fact, nearly 20 percent of the region’s largest employers are located here …including nearly 50 foreign-based companies from 18 different countries.
A 2020 population tally of 249,787, marks it the third most populous city in the Commonwealth. Notably, Chesapeake boasts an average household income of $97,038 … evidence of a strong job sector … further underscored by a low unemployment rate of 4.7%.
Renters make up about one-third of the residential population. The average monthly rent comes in at $1,381 … sporting a recent year-over-year gain of 9%! Rents in Chesapeake have displayed consistent annual increases as this table illustrates.

The average size for a Chesapeake, VA apartment is 979 square feet. Of course, this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable … 1-bedroom apartments are closer to the average, while 2-bedroom and 3-bedroom apartments offer a more generous square footage.
There is a significant military presence which creates a rotation of Navy, Coast Guard and Air Force personnel in and out of the area. This represents a continuing substantial pool of tenants.
Just as significant is the several thousands of military members discharged or retired annually from local bases. Many choose to remain in the area as renters given opportunities for employment and quality of life.
Additionally, a welcoming temperate climate plus access to a variety of outdoor activities along with social, cultural and educational offerings prove to be major attractions to retirees and millennials … two major sources of renters.
Areas We Service
HAMPTON ROADS
If you have a real estate investment property in any of these areas, contact us today! Our property management team would love to offer you our services and help you increase your ROI, while decreasing your stress.
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