Ashley Terrace // Apartment Conversion
Ashley Terrace is a 176 Unit Apartment complex that was purchased as part of a 4 member partnership with the intent to be converted from apartments to individual condominiums. We felt that with quickly rising pricing in the metro (as especially in Henrico) we could provide an affordable level of housing for central Henrico. The property was purchased in 2006 from its original owner who had built and operated it since the late 1960’s.