Page 14 - Guardian Broker Questionnaire Summary Complete Package 2 2 22_Neat
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RECENT SALES BY THE


          NORTHMARQ INVESTMENT SALES TEAM




                                                             THE GALLERY MIDTOWN, RICHMOND, VA



                                                                SOLD              $27,250,000


                                                                     Oct-21        $173,567           4.25%*

                                                                                      per unit          cap rate
                                                              BUILT                                         1937/2017
                                                              UNITS                                               157
                                                              SELLER                                  Peak Capital Partners
                                                              BUYER                                              Levco


                                                             COTTAGE GROVE, NEWPORT NEWS, VA


                                                                SOLD              $51,000,000


                                                                    Jan-22          $92,391            4.40%

                                                                                      per unit          cap rate

                                                              BUILT                                              1950
                                                              UNITS                                               552
                                                              SELLER                                         Beachwold
                                                              BUYER                                         Featherstone


                                                             COASTLINE, VIRGINIA BEACH, VA


                                                                SOLD              $98,500,000


                                                                    Nov-21         $164,200            4.25%

                                                                                      per unit          cap rate

                                                              BUILT                                              1970
                                                              UNITS                                               600
                                                              SELLER                                         Blackfin REI
                                                              BUYER                                         Beitel Group
          *Loan Assumption

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