Levco Management Acquires Multifamily Property In Richmond, VA For $27.3M

A multifamily property located at 308 N Nansemond St in Richmond, VA has been sold for $27,300,000. The transaction took place on October 29, 2021. The property consists of 157 units, with a price per unit of $173,885.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $27,300,000
• Units: 157
• Price Per Unit: $173,885

The buyer of the property is Levco Management, while the seller is Peak Capital Partners. The deal was facilitated by Wink Ewing, Mike Marshall, Matt Straughan, and Jared Alcorn from the agency NorthMarq. They served as the brokers in this transaction.