He mentioned this year’s opening of the Little Nickel restaurant at 4702 Forest Hill Ave. and plans for The Veil Brewing Co. to open a small batch production and tasting location as part of a planned retail and apartment development on Forest Hill Avenue near Westover Hills Boulevard.

Another reason for Thalhimer Realty Partners’ interest in the apartments is because it owns the Riverside Apartments at 2112 Riverside Drive near Cowardin Avenue. “We have an investment in that area now, and we have seen how the South Side of Richmond has expanded,” Wiltshire said.

The seller of the apartment was Cedar Grove Partners VI LLC of Woodmere, N.Y., which wanted to sell because they were looking to reposition their portfolio, according to commercial real estate firm Marcus & Millichap, which represented the seller.

Cedar Grove Partners bought the buildings in May 2017 for $6.25 million.

The Park at Forest Hill is assessed for $4.235 million, city property records show. The assessment for Chateau de Ville is $2.12 million.

The Park at Forest Hill has 68 one-bedroom, one-bathroom units and 13 two-bedroom, one-bathroom units. Chateau de Ville has 17 one-bedroom, one-bathroom units; two two-bedroom, two-bathroom units; 17 one-bedroom, one-bathroom loft units; and two two-bedroom, one-bathroom loft units.