Capital Square Acquires 262-Unit Multifamily In Richmond, VA For $91.7M

Capital Square has acquired a multifamily property located at 2031 Maywill St in Richmond, VA. The property, sold by Bristol Development Group, was purchased for a total of $91,700,000. This transaction represents a significant investment in the Richmond market.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $91,700,000
• Units: 262
• Price Per Unit: $350,000

Capital Square, represented by Whitson Huffman, played a key role in this deal. Their expertise and experience in the market contributed to the successful acquisition. The involvement of Bristol Development Group as the seller highlights their commitment to delivering quality properties in the Richmond area.