Bonaventure Acquires Multifamily Property In Virginia Beach For $52.1M

A multifamily property located at 5697 Magnolia Run Cir in Virginia Beach, VA has been sold in a recent transaction. The property consists of 200 units and was sold for a total price of $52,100,000, with a per unit price of $260,500.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $52,100,000
• Units: 200
• Price Per Unit: $260,500
• Buyer: Bonaventure - Dwight Dunton & Chris Cobb

Bonaventure, represented by Dwight Dunton & Chris Cobb, acted as the buyer in this transaction. The sale of this multifamily property in Virginia Beach, VA demonstrates the continued activity in the real estate market in the area.