29th Street Capital Acquires Multifamily Property In Alexandria, Va For $82M

The multifamily property located at 6200 North Kings Highway in Alexandria, VA has been sold in a recent transaction. The property consists of 240 units and was sold for a total price of $82,000,000, resulting in an average price per unit of $341,667. The buyer of the property was 29th Street Capital, represented by Brian Berry, while the seller was Passco Companies.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $82,000,000
• Address: 6200 North Kings Highway, Alexandria, VA
• Number of Units: 240
• Buyer: 29th Street Capital - Brian Berry
• Seller: Passco Companies

Brian Berry from 29th Street Capital played a crucial role as the buyer's representative in the transaction. This sale marks a significant deal in the multifamily market of Alexandria, VA.