Walter Coker |
Chevy Chase, MD – Federal
Capital Partners® (FCP) announces the acquisition of the Windsor at Potomac Vista apartment community on Kristin Court in
Woodbridge, VA for $60.5 million.
The three-story, garden
style apartments, built in 1987, have recently undergone kitchen and bathroom
renovations and are well-located in a strong suburban Washington, DC submarket.
Easily accessible to
Marine Corps Base Quantico, Fort Belvoir, the Virginia Railway Express commuter
train and the I-95 Corridor, Windsor at Potomac Vista offers its residents
excellent value in a highly desirable location.
“FCP is pleased to add
Windsor at Potomac Vista to its portfolio of well-located apartment communities
in the Washington, DC Metropolitan area,” said FCP Sr. Vice President, Jason Bonderenko. “Woodbridge, VA
continues to show great strength, with positive year-over-year job growth and
one of the lowest unemployment rates in the region.”
Amenities at Windsor at
Potomac Vista include a clubhouse with fitness center and resort-style pool
overlooking the Potomac River, cyber café, two playgrounds and apartment
features that include full size washers and dryers, laminate hardwood floors,
new cabinets and counter tops, walk-in closets and breakfast bars.
Brian Crivella |
FCP extends its
appreciation to Walter Coker and Brian Crivella of HFF for their
representation of the seller and to Wells Fargo and Fannie Mae for facilitating
the assumption of the existing mortgage and providing supplemental financing
for the acquisition.
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
ohennessey@hfflp.com
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