Page 17 - Guardian Broker Package 1 12 2022
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STREETS OF GREENBRIER, CHESAPEAKE, VA


                                                                SOLD              $67,250,000


                                                                    Mar-21        $240,000             4.61%

                                                                                      per unit          cap rate

                                                              BUILT                                               2013
                                                              UNITS                                               280
                                                              SELLER                                        GrayCo, Inc.
                                                              BUYER                                   Capital Square 1031




                                                              CHESAPEAKE CROSSING, CHESAPEAKE, VA

                                                                SOLD              $57,750,000



                                                                    Mar-21          $96,500             4.3%

                                                                                      per unit          cap rate

                                                              BUILT                            1992, 1994, 1996, 2004, 2005
                                                              UNITS                                               597
                                                              SELLER                                       Boyd Homes
                                                              BUYER                                Standard Communities




                                                              WAVERTON PORTFOLIO, HAMPTON ROADS & RICHMOND, VA


                                                                SOLD             $167,000,000


                                                                     Jan-21         $157,000           5.75%

                                                                                      per unit          cap rate

                                                               BUILT                                         1992 -2020
                                                               UNITS                                              1,063
                                                               SELLER                            Waverton Associates, Inc.
                                                               BUYER                                          CAPREIT






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