Featherstone Partners Acquires Multifamily Property In Virginia Beach For $36M
Virginia
See Similar DealsFeatherstone Partners Acquires Multifamily Property In Virginia Beach For $36M
1749 Lacrosse Drive, Virginia Beach, Virginia 23464, United States
See Similar DealsSummary
The multifamily property located at 1749 Lacrosse Dr in Virginia Beach, VA has been sold for a total price of $36,000,000. This transaction was facilitated by Ron Corrao, Eric Liebich, and Matt Weinstein from Capstone Apartment Partners acting as brokers for Featherstone Partners, the buyer, and Clark-Whitehall Enterprises, the seller. The property consists of 208 units, resulting in a price per unit of $173,077.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $36,000,000
- Address: 1749 Lacrosse Dr, Virginia Beach, VA
- Market: Virginia Beach, VA
- Buyer: Featherstone Partners
- Seller: Clark-Whitehall Enterprises
- Brokers: Ron Corrao, Eric Liebich, and Matt Weinstein - Capstone Apartment Partners
- Units: 208
- Price per Unit: $173,077
Notable individuals involved in this transaction include Ron Corrao, Eric Liebich, and Matt Weinstein from Capstone Apartment Partners. These brokers successfully represented Featherstone Partners and Clark-Whitehall Enterprises throughout the deal process. Their expertise and negotiation skills contributed to the successful sale of the multifamily property.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want