Industries Commercial Real Estate

Holland House Apartments in Norfolk sell for $2.3 million

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Photo courtesy Divaris Real Estate.

Holland House Apartments LLC has purchased the 35,524-square-foot Holland House Apartments in Norfolk from Holland Associates, a general partnership, for $2.3 million in an off-market transaction.

The property, located at 200 Drummond Place, is on The Hague inlet in the city’s Ghent section. It was built in 1904. According to Divaris Real Estate Inc., the four-story property is includes 24 one- and two-bedroom apartments. Divaris’ George Fox brokered the sale on behalf of the buyer. 

In another sales transaction for Divaris, Anthony L. Rolando purchased 53,535 square feet of retail space at 9460-9468 West Broad St.  in Richmond from EF SBC 2013 1L REO LLC for $1.7 mllion. Peter Vick and Harrison Hall from the Richmond office of Divaris Real Estate brokered the sale on behalf of the seller.

According to Divaris, this was an investment sale of a retail property in a West End location with visibility on West Broad Street at a signalized intersection.  Tenants in the property include Honey Nail & Spa, Leisure Fitness and Takara.

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