I think its most productive to highlight the pros and cons in list format:

PROS:
*All expenses included
*Nice size for the money
*Good central location to anything in Hampton
*FANTASTIC maintenance crew. All very friendly and quick to respond

CONS:
*Bug problem - HUGE bug problem no matter how spotless your apartment is
*Thin walls - you can hear everything from downstairs/upstairs/next door
*Neighborhood is slightly sketch - pizza places won't deliver, cops hang out regularly, etc.
*Dirty playgrounds - if you have kids, be wary of broken glass littering the sidewalks and playgrounds
*Maintenance issues - these apartments are old (a family friend lived in the same complex 40 years ago). However, our heat and a/c went out on a regular basis, screen doors fell off hinges (and onto neighbors below), windows were cracked and never repaired, etc.

Overall, the cons far outweigh the pros. If you're worried about money, you can find somewhere cheaper and if you're worried about location, you can find somewhere nicer.

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