GREAT FALLS, VA – Serafin Real Estate (SRE) was the exclusive listing brokerage that successfully sold the highly coveted asset, Village Green Day School, positioned in one of the country’s most affluent and sought-after areas. Joe Serafin and the team at SRE successfully sold this desirable property by using a targeted off-market strategy that took only 71 days to reach an executed agreement, comparatively quick for this asset class.
The Village Green Day School is a prestigious early childhood learning center that provides comprehensive learning programs from infancy to kindergarten. Located in Great Falls, Virginia, when this property was listed “off” the market, it was highly sought after by commercial investors, particularly those interested in childcare center assets.
A quiet slice of Fairfax County, Great Falls is known for its abundance of hiking and outdoor attractions. Home to approximately 15,000 people living primarily in large single-family residences, Great Falls is considered very exclusive. It has an average home price of approximately $1,900,000, and high household incomes to match. The area’s close proximity to Washington D.C and the North Virginia tech corridor, as well as outstanding school systems, make it an ideal location for high-income earning families.
SRE has a strong history of successfully selling commercial property because of their specialization and niche in certain property types, one of which being childcare and early education centers. As the marketing of Village Green Day School had to remain confidential, the brokerage’s industry relationships were essential to its sale. The owner and principal broker of SRE, Joe Serafin, sourced a primarily off-market buyer by tapping into the company’s extensive exclusive network of childcare center buyers and investors.
To sell this property without openly marketing it, Joe and the team at SRE applied their in-depth local market knowledge to present a desirable acquisition opportunity to seasoned investors.
The business of Village Green Day School was sold to Endeavor Schools (https://www.endeavorschools.com/), who have a growing portfolio of schools serving early education and K-12 markets across the US. The real estate holding was purchased by a local commercial real estate investor, an existing relationship of Joe’s with whom he previously completed several lucrative purchases.
SRE confidently navigated this complex transaction through a myriad of complicated deal dynamics that created hurdles throughout the process. Their expertise and professionalism allowed them to guide the seller and both purchasers involved in the deal to a successful completion.
Parties looking to invest in or divest educational assets should reach out of Joe Serafin for a confidential consultation. SRE has an outstanding history of achieving some of the highest prices per square foot as well as finding the best solution for their clients.