Page 74 - Guardian Broker Questionnaire Summary Complete Package 2 2 22_Neat

Guardian Place I & II

American Heritage Sale Comparable

1001 East Main Street | Richmond, VA 23219
Property Details Unit Type Number of Units
Property Type Market Rate 1x1 25
Units 60 2x2 31
Occupancy 96.6% 3x2 1
Year Built/Year Renovated 1909/2002
Close Date February 19, 2021

Sale Specifics
Sale Price $8,200,000 Price Per SF $88
Price Per Unit $136,667 Average SF 1,553
Average Rent N/A Buyer Brentwood Investment Group
Cap Rate N/A

Comments

Canopy at Ginter Park Sale Comparable

3200 Brook Road | Richmond, VA 23227

Property Details Unit Type Number of Units
Property Type Market Rate 1x1 112
Units 301 2x1 185
Occupancy 92.0% 3x2 4
Year Built 2019
Close Date December 30, 2020

Sale Specifics
Sale Price $83,750,000 Price Per SF $220
Price Per Unit $278,239 Average SF 1,262
Average Rent N/A Buyer Capital Square Realty Advisors
Cap Rate 4.86%
Comments

The Mill at Manchester Lofts Sale Comparable

815 Perry Street | Richmond, VA 23224
Property Details Unit Type Number of Units
Property Type Market Rate 1x1 27
Units 70 2x1 39
Occupancy 93.1% 3x2 4
Year Built 2011
Close Date November 4, 2020
Sale Specifics
Sale Price $11,400,000 Price/SF $185
Price Per Unit $162,857 Average SF 880
Average Rent N/A Buyer Fulton Street Partners
Cap Rate 5.25%

Comments

Sales Comparables | 26