Bainbridge Midlothian Apartments Sold for $108 Million
The Bainbridge Midlothian apartments in Chesterfield, Virginia, have been sold for $108 million, with a per-door price of $348,000. The sale marks a significant transaction for the region, with the buyer being the Frontier Group of Companies.
Richmond Petersburg, VA, October 20, 2026 —
The Bainbridge Midlothian apartments in Chesterfield, Virginia, have been sold for $108 million, according to the information provided about the transaction. The buyer was the Frontier Group of Companies. The reported price equates to $348,000 per door.
The sale was described as a significant transaction for the region. No additional details were provided to explain that characterization or to place the sale in a broader comparison with other local property transactions.
The available information does not identify the seller or provide the date the sale took place. It also does not state the apartments’ unit count, property size, sale terms, or whether the reported figures include any other assets. The per-door figure is reported as part of the transaction summary; no further calculation or methodology was provided.
No information was provided about the Frontier Group of Companies’ plans for the property, any changes to its operations, or the involvement of brokers or other parties. Details about financing, occupancy, and the transaction process were also not included.
As a result, the reported figures establish the sale price, buyer and per-door price, but the available summary offers limited information about the parties and circumstances surrounding the deal. Further details about the transaction were not provided.
Story summarized from the original created by Mike Platania on richmondbizsense.com, see more information here.
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