Harrisonburg site sells for $5.2 million
- August 18, 2016
Cottonwood Commercial, based in Harrisonburg, said Thursday that it had brokered a land sale for a developer who plans to build a new student apartment project in the city.
Landmark Properties, a real estate company based in Athens, Ga., bought 36.5 acres near the intersection of Reservoir Street and Stone Spring Road for $5.2 million. The seller was Bosa II, a company based in Rockingham.
According to Cottonwood Commercial, Landmark plans to use the location for a 178-unit “luxury” student housing community that would be called The Retreat at Harrisonburg.
It plans to offer many amenities, including pools, game rooms, fitness facilities, study rooms, computer labs and security services