Richmond apartments sell for $19.3M

Forest Ridge Apartments has 135 units

Robyn Sidersky //January 6, 2023//

Forest Ridge Apartments has 135 units

Robyn Sidersky// January 6, 2023//

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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.

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