Page 16 - Guardian Broker Package 1 12 2022
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CASE STUDIES
COASTLINE, VIRGINIA BEACH, VA
$98,500,000
UNDER
CONTRACT $164,200 4.45%
per unit cap rate
BUILT 1970
UNITS 600
SELLER Blackfin REI
BUYER Confidential
THE GALLERY MIDTOWN, RICHMOND, VA
$27,250,000
UNDER
CONTRACT $173,567 4.25%
per unit cap rate
BUILT 1937/2017
UNITS 157
SELLER Peak Capital Partners
BUYER Confidential
BAYVILLE, VIRGINIA BEACH, VA
$41,250,00
UNDER
CONTRACT $171,875 4.46%
per unit cap rate
BUILT 1971
UNITS 240
SELLER Thalhimer Realty Partners
BUYER Confidential
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