HPP Acquired Arbor Trace Apartments in September 2021. Arbor Trace is a 148-unit multi-family property located in Virginia Beach, VA. Built in 1985, Arbor Trace has 148, 2BD/1BA units, with an average unit size of 858, totaling approximately 126,936 square feet. Located in one of the strongest markets in the Mid-Atlantic, Hampton Roads apartment market is a leader in market fundamentals, also proximately located 8 minutes from Virginia Beach oceanfront. Conveniently located within the highly desirable Hilltop Retail corridor, the location offers significant lifestyle amenities within walking distance including one of only two Whole Foods Markets in the Hampton Roads region.