Olde Jamestowne Apartments in Williamsburg sells for $3 million
Olde Jamestowne Apartments LLC has purchased the 52-unit Olde Jamestowne Apartments in Williamsburg for $3 million or about $58,000 per unit.
Jonathan Skinner of Harrison and Lear Inc. in Hampton represented the buyer in the transaction. John Wessling of S.L. Nusbaum Realty Co. represented the seller.
The complex previously was owned by Olde Jamestowne Associates LP. It consists of one-bedroom, one-bathroom units and, according to Harrison and Lear, was 100 percent occupied at the time of sale.
Harrison and Lear will serve as the managing agent for Olde Jamestowne.