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Capital Square 1031 Pays $42.8M for Virginia Beach Multifamily Complex

The Bainbridge Cos. Sells 288-Unit Woodshire Apartments
By Douglas Meagher
CoStar Research
January 11, 2019 | 3:23 P.M.

Capital Square 1031, a full service investment and management firm headquartered near Richmond, purchased a 288-unit multifamily complex in Virginia Beach from The Bainbridge Companies. Woodshire Apartments sold for $42.8 million, or about $149,000 per unit.

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