Baywatch Pointe, a 22-building, 160-unit apartment complex in Virginia Beach, has sold for $12 million, or about $75,000 per unit.
Marcus & Millichap announced the sale Thursday.
“The sale of Baywatch Pointe achieves the seller’s financial goals and provides new ownership with significant upside potential that the buyer plans to unlock by rehabilitating units that are currently offline,” Altay Uzun, a multifamily specialist in Marcus & Millichap’s Hampton Roads office, said in a statement.
David S. Brown Enterprises has bolstered its Retail Leasing team with the recent hiring of Michael Gosnell
The Virginia law firm Gentry Locke is pleased to announce the promotion of Scott A. Stephenson to
Pessin Katz Law is pleased to announce that Attorney Adam E. Konstas has been elected to Member
Skanska, a leading global construction and development firm, announces that Gary Orton has joined the company as
For partnerships, content marketing or advertising inquiries, please contact Edwin through his LinkedIn Profile
Connect© Copyright 2024 citybuzz
