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18 Tours, 11 Offers: How the Danville Portfolio Closed in 60 Days | Marcus & Millichap

Eighteen tours. Eleven offers. A competitive buyer selection process that took just 60 days from contract to close. That's the story behind the Uzun Group's latest Virginia multifamily investment sale — the successful closing of the Danville Portfolio, a 44-unit multifamily asset located in Danville, VA.


The level of activity on this listing speaks to the strength of investor demand for multifamily properties outside Virginia's largest metros. With 18 tours and 11 offers on the table, the Uzun Group ran a genuinely competitive buyer selection process, giving the seller multiple strong options before settling on the winning bid. From executed contract to closing table, the deal moved in just 60 days — an efficient timeline for a 44-unit portfolio transaction.


The Danville Portfolio closing adds another data point to a broader trend playing out across the Hampton Roads and greater Virginia multifamily market: investors continue to look beyond primary metros for value, and well-marketed, well-priced multifamily assets in secondary markets like Danville are drawing real competition. For sellers, that competition translates directly into leverage — and, as this deal shows, into results.

The deal was led by Altay Uzun, alongside team members Justin Ferguson, Jack Carroll, and Myles Lee, who worked together to bring the transaction to a successful close.


Thinking about selling a multifamily portfolio in Virginia? The Uzun Group offers free multifamily property valuations for owners looking to understand what a competitive marketing process could mean for their asset.

 
 
 

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