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504-unit Villages at Garst Creek complex changes hands
504-unit Villages at Garst Creek complex changes hands
Rich Griset //April 23, 2021//
Arlington-based Blackfin Real Estate Investors LLC purchased Villages at Garst Creek, a 504-unit apartment complex in Roanoke County, for $23.25 million. The deal closed on April 21.
Built in 1974, the 33-building property is located at 4375 Garst Mill Road. The property was rehabbed in 2007 under the Section 42 Low-Income Housing Tax Credit program.
Blackfin purchased the property from Villages at Garst Creek LLC.
