A real estate fund advised by Crow Holdings Capital has sold Valleybrook at Chadds Ford, a 352-unit, value-add multi-housing community in Chadds Ford, Delaware County, Pa., for $96.5 million.
FPA Multifamily acquired the asset.
Constructed in 2002, Valleybrook at Chadds offers 144 one-bedroom, 166 two-bedroom and 42 three-bedroom units, averaging 992 square feet. Units feature nine-foot ceilings, patios or balconies, full-size washers and dryers, along with granite/quartz countertops and stainless steel appliances in renovated units. Community amenities include a newly renovated two-story clubhouse, equipped with a business center, yoga studio, state-of-the-art fitness center and wi-fi lounge. The property also features an extensive outdoor amenity package highlighted by a resort-style swimming pool, grilling stations and on-site parking garages.
Valleybrook at Chadds Ford is strategically located in affluent Chadds Ford, along the heavily traveled Route 202. Th
