class a+ - colliers multifamily advisory group
TRANSCRIPT
AWARD-WINNING ASSET
RICHMOND’S FINEST
CLASS A+ APARTMENT COMMUNITY
WEST CREEK2 0 0 0
R I C H M O N D , V A
373UNITS
1,001AVG UNIT SF
$1,668*AVG EFFECTIVE RENT
2018YEAR COMPLETED
373,251RENTABLE SF
*Based on 7/2/19 Rent Roll - Last 90 Days of Leases - 87 Leases Total
Colliers International Mid-Atlantic Multifamily Advisory Group is pleased to present 2000 West Creek, a 373-unit, Class A+ apartment community in Richmond, VA. 2000 West Creek’s forward location and award-winning community elements make it a rare and attractive opportunity to acquire a highly desirable asset within the Richmond market. The property is nestled in the 3,500-acre West Creek development stretching along Route 288 and the scenic landscape of west Richmond. Completed in 2018, the property is appointed with custom interior elements accompanied by an extraordinary amenity package.
2000 West Creek | 2000 Broad Branch Circle Richmond, VA 23228
» STRONG MARKET FUNDAMENTALS « More than 1.4 million SF of retail and office space built
since 2013. « 4.5% rent growth from Q1 ’18 to Q4 ’18.
» HIGH BARRIERS TO ENTRY – CLASS A DEMAND
« Richmond has high barriers to entry such as zoning and entitlements, making it difficult for new supply.
« Extraordinary lease-up velocity.
« An integral part of the Richmond landscape with several major institutions and amenities within minutes of 2000 West Creek.
« Close proximity to Fortune 500 companies & home to some of the most respected and community-minded businesses.
« Minutes from destination shopping in Short Pump.
« Ease of access to Route 288 and Interstates 64, 95, and 295 providing efficient travel to all points of the Richmond MSA.
» LOCATION HIGHLIGHTS
G.S. (HANK) HANKINSSenior Vice President+1 757 228 [email protected]
RAWLES WILCOXSenior Vice President+1 202 728 [email protected]
VICTORIA PICKETTVice President+1 757 228 [email protected]
CLAY ELLISAssociate+1 202 534 [email protected]
CHARLES WENTWORTHSenior Vice President+1 804 267 [email protected]
WILL MATHEWSManaging Director | Platform Leader+1 404 877 [email protected]
3X RAMMY AWARDWINNER 2019INCLUDING, BEST OVERALL COMMUNITY