Page 73 - Guardian Broker Questionnaire Summary Complete Package 2 2 22_Neat

Guardian Place I & II

The Hudson Sale Comparable

700 Stockton Street | Richmond, VA 23224

Property Details Unit Type Number of Units
Property Type Market Rate !x1 65
Units 225 2x1 157
Occupancy 92.6% 3x2 3
Year Built 2009
Close Date December 16, 2021

Sale Specifics
Sale Price $42,000,000 Price Per SF $127
Price Per Unit $186,667 Average SF 1,467
Average Rent N/A Buyer Genesis Properties
Cap Rate N/A
Comments

The Gallery Midtown Sale Comparable

308 North Nansemond Street | Richmond, VA 23221
Property Details Unit Type Number of Units
Property Type Market Rate 1x1 52
Units 157 2x1 105
Occupancy 93.0%
Year Built/Year Renovated 1960/2017
Close Date November 24, 2021
Sale Specifics
Sale Price $27,250,000 Price Per SF $200
Price Per Unit $173,567 Average SF 866
Average Rent $1,346 Buyer Levco Management
Cap Rate 4.37%
Comments

River's Edge at Manchester Sale Comparable

505 Porter Street | Richmond, VA 23224
Property Details Unit Type Number of Units
Property Type Market Rate 1x1 131
Units 211 2x2 79
Occupancy 95.3% 3x3 1
Year Built 2018
Close Date April 16, 2021
Sale Specifics
Sale Price $47,500,000 Price Per SF $223
Price Per Unit $225,118 Average SF 1,009
Average Rent $1,578 Buyer Four Mile Capital
Cap Rate N/A
Comments

Sales Comparables | 25