DSP Real Estate Capital Acquires 140-Unit Multifamily Property In Farmville, VA For $21.7M

The multifamily property located at 501 Sunchase Blvd in Farmville, VA has been sold in a transaction on August 26, 2022. The property comprises 140 units and was sold for a price of $21,675,000, resulting in a per unit price of $154,821. The buyer in this transaction is DSP Real Estate Capital, while the seller is Management Services Corporation.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $21,675,000
• Units: 140
• Price Per Unit: $154,821

The deal was facilitated by brokers Carter Wood, David Hudgins, and Drew White from Berkadia.