Berkadia is pleased to present the exclusive offering of Boulders Lakeview Apartments, a 2023-built, 212-unit Class A community in Richmond’s North Chesterfield submarket – a core submarket characterized by resilient occupancy and proven rent growth. With modern design, resort-style amenities, and NAHB Bronze Certified efficiency, Boulders Lakeview offers investors a premier suburban asset with immediate rent growth potential and embedded operational upside.

Recent leases are achieving 4–6% premiums above in-place rents, with one- and two-bedroom units rapidly converging toward comps reaching $1,800 and $2,300+ per month, respectively. Strong absorption confirms demand at higher rates, providing a clear path for continued rent growth and NOI expansion. The location offers unmatched access to major employment centers, sitting adjacent to Boulders Office Park and minutes from Innsbrook Corporate Campus, which together support tens of thousands of jobs across healthcare, finance, and professional services. Chester field’s expanding tech corridor adds further momentum, anchored by Google’s $9B Virginia investment and new $200M+ data center at Meadowville Technology Park. With accelerating rents, strategic positioning near key employment hubs, and embedded income upside, Boulders Lakeview represents a rare opportunity to acquire a high-performing Class A asset primed for resilient occupancy and sustained above-market performance. The Property is being offered on a free and clear basis, providing maximum flexibility for new ownership.