Park West End apartments sell for $59M

McCann Realty Partners LLC acquires 312-home community

Katherine Schulte //January 14, 2022//

McCann Realty Partners LLC acquires 312-home community

Katherine Schulte// January 14, 2022//

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Henrico County-based property development company McCann Realty Partners LLC acquired a 312-unit apartment community in its own backyard for $59.25 million on Dec. 27, according to Henrico County property records.

Built in 1985, the 224,768-square-foot apartment community sits on 18 acres at 5300 Glenside Drive. The buildings have one- and two-bedroom floor plans, and amenities include a dog park and swimming pool.

McCann will upgrade exterior finishes, interiors and amenities. Pegasus Residential, McCann’s Atlanta-based affiliate property management company that it acquired in September 2021, will manage the property.

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