Richmond apartments sell for $19.3M
Forest Ridge Apartments has 135 units
Arlington-based Ritz Banc Group has acquired the Forest Ridge Apartments complex in Richmond from Colony Management for $19.3 million, Colliers announced Jan. 4.
The apartment community has 135 units and is located in the Stratford Hills neighborhood, at 2665 Granite Hills Circle. Most of the units have townhome-style floorplans.
The new owners are planning renovations to the community.