Community Corner
Gaithersburg Apartment Complex Sells For $31.3 Million
The Oakwood Gaithersburg apartment high rise, located in Washingtonian Center, was purchased by Bernstein Management Corp, The Washington Business Journal reported.
The Oakwood Gaithersburg apartment high rise, located at 9890 Washingtonian Boulevard, has been sold to Washington, DC-based Bernstein Management Corp. for $31.3 million, The Washington Business Journal reports.
The 136-unit, 11-story luxury high rise was built in 1989 and features 1- and 2-bedroom apartments, according to the report.
The sale averages $230,147 per unit, according to the report. The complex was previously owned by Archstone.
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