Two Chesterfield multifamily properties fetch a combined $53M
Mike Platania photos)
Correction: An earlier version of this story incorrectly reported the unit count at Broadwater Townhomes, affecting the per-door price calculation. The total sale price for the complex also has been adjusted based on additional information received after publication.
Another batch of 8-figure deals has closed in Chesterfield, as the county’s multifamily market stays red-hot.
Broadwater Townhomes and Bristol Village at Charter Colony apartments sold in recent weeks for a combined $53.8 million, per county property records.
The Broadwater complex, at 15149 Broadwater Way in Chester, was acquired for $37 million by Fairfield Residential, a San Diego-based firm that owns over 42,000 residential rental units across the country.