Village at Western Branch Apartments

Multifamily
  • 6020 Churchland Blvd. Portsmouth, VA 23703

Gross Internal Rate of Return (IRR): 41.7%

The Village at Western Branch Apartments was a part of Cohen Investment Group’s James River Multifamily Portfolio. It consisted of 104 garden-style units in Portsmouth, Virginia, a city within the Hampton Roads MSA – the largest metro between Washington, DC and Atlanta, GA.

Cohen Investment Group implemented a select value-add capital expenditure program to improve interior and exterior facets of the property, and in just under two and a half years of ownership CIG was able to significantly improve NOI.

The James River Portfolio consists of the following properties:

Cohen Investment Group acquired this property on November 19, 2019 and sold it on May 5, 2022.

Contact Us s-r

Please give us a call or send us a message if you have any questions or would like to learn more about investment opportunities at CIG.
(757) 490-1193

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