Grace & Monroe Apartments Update 09/06/22

Richmond Apartment Portfolio Gets Acquired for $29.2 Million

 

Earlier this month, three apartment buildings have been purchased by Alexandria-based Pinpoint Real Estate Partners. The three buildings are the Grace & Monroe Apartments at 401 W. Grace St.; the Broadway Apartments at 316 E. Broad St.; and the Marshall Park Townhomes at 728 W. Marshall St. 401 W Grace sold for $10.25M, 316 E Broad sold for $7.5M, and the Marshall Park Townhomes at 728 W Marshall sold for $11.5M.

 

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