Two Rivers Realty Partners And Rock Creek Property Group Acquire Avalon Townhomes In Hampton For $26.5M

The transaction involved a multifamily asset located at 2109 Newton Road in Hampton, Virginia. The sale price for this property was $26,500,000, encompassing a total of 182 units, resulting in a price per unit of $145,604.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $26,500,000
• Address: 2109 Newton Road
• Market: Hampton, VA
• Units: 182
• Price Per Unit: $145,604
• Buyer: Two Rivers Realty Partners & Rock Creek Property Group
• Seller: West End Capital Group
• Brokers: Jared Emery & Rawles Wilcox - KLNB

KLNB facilitated the sale from West End Capital Group to Two Rivers Realty Partners and Rock Creek Property Group, highlighting the involvement of these brokerage representatives in this transaction.