Bonaventure, a leading real estate investment firm, has recently acquired Monticello Station Apartments in downtown Norfolk, VA for $42 million. The property has been rebranded as Attain Downtown East and offers luxurious living in its one- to four-bedroom units with high-end features such as granite countertops, stainless steel appliances and private patios.
This Class-A multifamily community boasts an array of amenities including a swim spa, fitness center and courtyards equipped with grills and firepits. Additionally, the property also includes 33,000 square feet of ground-floor retail space featuring popular eateries like Buffalo Wild Wings and Sushi King.
According to Bonaventure’s CEO and founder Dwight Dunton: “With its prime location, extensive amenities and long-term financing options,Monticello Station perfectly aligns with our acquisition strategy for our perpetual life multifamily fund.” He further added that this investment provides investors access to strategic diversification across target markets along with predictable income through their investment management platform.
The purchase of this Norfolk MF community is part of Bonaventure’s growth plan which focuses on acquiring assets that offer attractive returns while providing exceptional living experiences for residents.
