River Pointe Apartments
The River Pointe apartment complex contains 170 Class B apartment units in Fort Washington, Maryland. The units are functional, open plan units. Each unit will have a washing machine and drier hook-up installed while the living areas and amenity package will be upgraded in order to enhance the value of the properties and bring the units up to the required market level. Amenities at the property include a playground, picnic area, pet park, controlled access, central courtyards and an on-site laundry facility. The following services will also be added: a swimming pool, fire pit and outdoor kitchen, fitness center, business center and community garden.
Fort Washington is located in the Washington DC metropolitan area, which is the sixth largest metropolitan area in the US and the second largest on the East Coast. It is one of the most educated and affluent areas in the US, while the federal government serves as a catalyst for employment growth in a number of sectors.
The complex is located a mere 12 miles from Washington, DC and is conveniently situated near to major retail areas and employment centers. This complex is worth over $30 million and was acquired in a joint-venture with other partners.