REBusinessOnline

CBRE Brokers $18M Sale of Apartment Community in Hampton Roads Area

HAMPTON, VA. — CBRE | Richmond and CBRE | Hampton Roads have brokered the $18 million sale of New Hampton Commons Apartments. The 252-unit apartment community is located at 1482 Queens St. in Hampton. Klein Hampton LLC purchased the asset from New Hampton LP. The apartment community comprises one-, two- and three-bedroom townhomes and was 95 percent occupied at the time of sale. The property features a community clubhouse, amenity deck and swimming pool. Craige Pelouze and Charles Wentworth of CBRE | Richmond, along with Dan Johnson and Hank Hankins of CBRE | Hampton Roads, represented the seller in the transaction.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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