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Stonegate Apartments is a 1992 vintage, fully-sprinklered 260-unit garden-style community situated on 19.3 beautifully landscaped acres with a large picturesque retention pond. The property is comprised of 52 one bedroom units (20%), 124 two bedroom units (48%), and 83 three bedroom units (32%) averaging 1,082 square feet.

Stonegate Apartments features contemporary architectural design that include individual entries, fireplaces (in select units), large balconies or patios, open kitchen/living areas, and spacious bedrooms with walk-in closets in every master bedroom. The community offers a full amenity package which includes a swimming pool with sundeck, tennis courts, a dog park, a community garden, recently built club house with new fitness and business center.

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Sold
Stonegate Apartments
260 Units
4301 Stonegate Blvd.
Elkton, MD  21921
Type: Conventional
Closed: 10/17/2019

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Park Vue of Alexandria, a core-plus, infill high-rise community in one of the Washington metro region’s most dynamic corridors. Built in 1965, Park Vue of Alexandria has recently received a large infusion of capital to improve the asset and create additional tenant amenities. The Property offers proven value-add with rental premiums being achieved based on the current kitchen and bath upgrade program. This can be enhanced to mirror similar properties in the submarket for additional rent increases. Park Vue of Alexandria’s location along the dynamic I-395 corridor is one of the best in the region for access to the many major employers and the most significant employment centers in the Washington metro. The Property is only 5-minutes from Potomac Yards, one of Northern Virginia’s fastest growing retail and amenity centers, with a future Metro station currently in the planning process. Park Vue of Alexandria’s irreplaceable location and additional renovation upside presents investors with the rare opportunity to acquire a core-plus, infill high-rise in one of the Washington region’s best locals.

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Sold
Park Vue of Alexandria
196 Units
511 Four Mile Rd
Alexandria, VA  22305
Closed: 12/1/2018
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present The Estates at Pikesville (the “Property”), a 208-unit value-add apartment community located in Pikesville Maryland, one of Baltimore’s best suburbs. The Property, built in 1989, has been institutionally managed and has limited future capital needs. Rental premiums can be achieved through a strategic enhanced renovation program similar to properties within the competitive set. The Property’s location in the heart of Baltimore County provides access to numerous points of interest throughout the region including some of the most significant employment center, retail, and entertainment amenities. Overall, this Property presents investors with a rare opportunity to acquire a well maintained, value-add apartment community with significant future growth prospects within the expanding Baltimore economy.
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Sold
The Estates at Pikesville
208 Units
1601 Hutzler Lane
Pikesville, MD  21208
Type: Conventional
Closed: 7/1/2018