Cushman & Wakefield has arranged the $25-million sale of Hickory Point, a 175-unit multifamily property located at 399 Hickory Point Boulevard in Newport News, VA.
Jorge Rosa and TJ Liberto of Cushman & Wakefield represented the seller, New York, NY-based AION Partners multifamily real estate company, in the transaction.
“Hickory Point’s unparalleled access to employment, transportation and retail made this a rare value-add investment opportunity,” said Rosa. “These townhouse-style apartments are ideally located in one of the fast-growing and most desirable submarkets within the Hamptons Road region.”
The 175,600-square-foot property consists of 172 two-bedroom apartments and three three-bedroom apartments. Units feature private entrances, modern kitchen and bathrooms, built-in microwaves and washer and dryer connections. Amenities include a swimming pool and cabana.
The asset is located less than 15-minutes from Patrick Henry Mall and an array of retail, dining and entertainment options. The property is located near Interstate 64 and the Newport News/Williamsburg International Airport.
The post Cushman & Wakefield Reps AION Partners in $25M Sale of Newport News Community appeared first on Connect CRE.
Cushman & Wakefield has arranged the $25-million sale of Hickory Point, a 175-unit multifamily property located at 399 Hickory Point Boulevard in Newport News, VA. Jorge Rosa and TJ Liberto of Cushman & Wakefield represented the seller, New York, NY-based AION Partners multifamily real estate company, in the transaction. “Hickory Point’s unparalleled access to employment, …
The post Cushman & Wakefield Reps AION Partners in $25M Sale of Newport News Community appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate,
