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Capital Markets Group Completes Sale of Edison Apartments

PORTSMOUTH, VIRGINIA: Cushman & Wakefield | Thalhimer is pleased to announce the sale of the Edison Apartments located at 219-249 Edison Avenue in Portsmouth, Virginia. 
Doud Realty Services purchased the 16-unit multifamily property for $1,000,000 from Edison Avenue Partners, LLC as part of a 1031 tax-deferred exchange.
Clark Simpson of Cushman & Wakefield | Thalhimer Capital Markets Group handled the sale negotiations on behalf of the seller. 

 

Written on March 10, 2021