Norfolk townhome community sells for $77M
Crown Point Townhomes has 480 units
Crown Point Townhomes, a 480-unit apartment community in Norfolk, has sold for $77 million, Berkadia announced Monday.
Bush Cos. sold the property, at 5371 Wyngate Drive, to a New Jersey-based buyer.
The garden-style, multifamily property has two-, three- and four-bedroom floor plans and is located near Military Circle Mall.
David Hudgins of Berkadia Newport News completed the sale on behalf of the buyer. The deal closed on Oct. 29.