Berkadia Completes Sale of Multifamily Property in Virginia
NORFOLK, Va. and WASHINGTON, D.C.— June 29, 2022 — Berkadia announced today the sale of a 289-unit garden-style multifamily housing property Williamsburg, Virginia. Senior Managing Director Drew White of Berkadia D.C. Metro and Senior Director Carter Wood of Berkadia Norfolk Investment Sales completed the sale on behalf of the seller, Bonaventure, an integrated alternative asset management firm based in Alexandria, Virginia.
“The demand for the Williamsburg market had people from all over the country interested,” said White. “Bonaventure recognized this top-notch location and delivered a phenomenal amenity package and units that both residents and Inland found very attractive.”
Located at 401 Bulifants Blvd., the property features one-, two- and three-bedroom floor plans with in-unit washers and dryers and private balconies or patios. Community amenities include a swimming pool, a fitness center, a business center, a clubhouse and a dog park. The property affords residents convenient access to Sentara Williamsburg Regional Medical Center and the shops and restaurants near Route 199 and Interstate 64.