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Coldwell Banker Commercial Elite Brokers Sale of $3.8M Multifamily Site

The apartment community, which was approved by City Council last July, will feature a clubhouse with state of the art amenities including resort style pool, fitness center, and outdoor grilling area.  The community will consist of 1, 2, and 3 bedroom apartments with spacious floor plans, granite countertops and other high end finishes. The community will be designed with many energy efficient features, which will help lower the ongoing utility expense for each of our residents.  The developers anticipate having the clubhouse open in the 4th quarter of 2016, and units available in the 1st quarter of 2017, possibly sooner.

Brian Cunningham noted, “This is a great concept and the best use for this site, given its location. We are grateful to the partners at Noble Auto Park, LLC for the opportunity and equally enjoyed working with Bill Overman, Tom Johnson and Richard Counselman — all consummate professionals with S.L. Nusbaum Realty Co. in Va Beach.”


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