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R4 Group's Charlottesville, VA Condo Communities Sell Out In Record Time

CHARLOTTESVILLE, Va., Oct. 2, 2012 /PRNewswire/ -- Riverbend Condominiums and its sister project, The Condominiums at Walker Square, announced today that their last remaining homes have sold. Both communities experienced unprecedented sales in recent months, with Riverbend seeing a 157% sales increase over the same period in 2011 and Walker Square selling 46 homes in 2012 alone.

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Both communities are located in and around the town of Charlottesville, VA, with Riverbend scenically tucked into a crook of the Rivanna River and Walker Square offering a more urban setting by the downtown mall. Riverbend Condominiums initially offered 125 one and two-bedroom homes with high-end features like gourmet kitchens and high ceilings, as well as community amenities like a state-of-the-art fitness center, private pool and sun deck. The Condominiums at Walker Square offered 225 one and two-bedroom homes ranging in size from 785 - 1,260 square feet. Its homes feature spacious closets, oversized windows, stainless steel appliances and granite bathroom vanities, in addition to community conveniences like a fitness room, yoga studio, and a pool.

Victor Valentine, Director of Sales for the R4 Group, which manages Riverbend and Walker Square, credits their accelerated sales to the communities' incomparable value and R4's ability to quickly gain market insight. By tapping into local sales talent Jeff Bloxsom to lead their on-site initiatives, Riverbend and Walker Square were able to achieve unparalleled sales success.

Riverbend Condominiums are located at 340 Riverbend Dr. Charlottesville, VA 22911. Visit them online at www.riverbendcharlottesville.com.

The Condominiums at Walker Square are located at 801 Walker Square, Charlottesville, VA 22903. You can find them online at www.WalkerSquare.com, and on Facebook and Twitter.

About The R4 Group: The R4 Group (www.R4group.com) is a privately owned and operated commercial real estate sales and marketing company responsible for more than $400 million in property sales nationwide over the last four years in some of the toughest real estate markets in the country, including Southern California and Florida. The company specializes in innovative sales strategies that leverage decades of experience and people-focused insight. Their integrated approach based on hands-on experience in successful property turnarounds, offer a full spectrum of real estate services, research and solutions that move properties with true velocity in all categories: multi-family, master plan, mixed-use and golf course communities as well as single-family and active adult developments. Headquartered Los Angeles, CA, The R4 Group is a trusted industry leader. For more information, please visit www.r4group.com or call (310) 651-9959.

Media Contact:
Alden Leonard | Delucchi+
Public Relations Account Manager
202.248.5848
aleonard@delucchiplus.com

SOURCE The R4 Group