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Hamilton Zanze Announces Sale of Woods of Williamsburg
Hamilton Zanze has sold Woods of Williamsburg, a 125-unit garden-style apartment community in Williamsburg, Virginia. The firm sponsored the acquisition of the property in 2018 and oversaw a number of improvements to the community, including the repainting of building exteriors as well as upgrades to the pool area and other common-area amenities.
“We are very pleased to complete the disposition of Woods of Williamsburg in a market in which closing deals is tremendously challenging,” said Anthony Ly, Senior Director of Transactions at Hamilton Zanze.
Situated at 108 Tilghman Court, Woods of Williamsburg was built in 1978 and features studio, one-, two- and three-bedroom homes ranging from 590 to 1,085 square feet. The community sits approximately five miles west of the York River, which connects to nearby Chesapeake Bay. The site is also approximately 45 minutes southeast of Richmond.
The sale represents Hamilton Zanze’s fourth disposition in 2024. The firm has sold over $4 billion in multifamily properties since its founding in 2001.
