Capital Square Sells 373-Unit 2000 West Creek Apartments In Richmond For $115 Million

The property involved in the transaction is the 2000 West Creek Apartments, a multifamily asset located at 2000 Broad Branch Circle in Richmond, VA. The sale price for this property was $115,000,000, encompassing a total area of 373,251 square feet. This asset consists of 373 units, resulting in a price per unit of $308,311 and a price per square foot of $308.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $115,000,000
• Square Footage: 373,251
• Units: 373
• Price Per Unit: $308,311
• Price Per Square Foot: $308
• Seller: Capital Square
• Broker: Colliers
• Sale Date: 07/16/2026

Capital Square completed its CS1031 DST program through this transaction, which delivered a 137% total return to investors over nearly seven years. The deal was facilitated by Colliers acting as the broker.