Seminole Trail Properties Sells 292-Unit Multifamily In Hampton, VA For $31M

A multifamily property located at 1587 Briarfield Road in Hampton, VA has been sold for $31,000,000. The property consists of 292 units, with an average price per unit of $106,164.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $31,000,000
• Address: 1587 Briarfield Road, Hampton, VA
• Market: Hampton, VA
• Seller: Seminole Trail Properties
• Broker: David Hudgins - Berkadia
• Units: 292
• Price per Unit: $106,164

The sale was facilitated by David Hudgins of Berkadia, who represented Seminole Trail Properties in the transaction.