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Apartment complex in Powhatan sells for $62.2 million

December 31, 2021

December 31, 2021

Capital Square 1031 made another big-ticket purchase of an apartment complex in the Richmond region.

This time, the Henrico-based real estate investment and management company acquired Artistry at Winterfield apartment complex off Winterfield Road in Powhatan County for $62.2 million, according to Louis Rogers, the company’s founder and CEO.

The first residents in the 200-unit complex started moving in this past May and the project was completed this fall. Bristol Development Group developed the apartment complex and sold the property to Capital Square in December.

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