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WASHINGTON, D.C. — Washington, D.C.-based Urban Investment Partners (UIP) has purchased the 52-unit Meridian Hill, located at 2359-2401 Ontario Rd. in Washington, D.C., for $4.2 million. UIP will begin a $2.4 million renovation that will include upgrading, repairing and restoring common areas, as well as plumbing, heating, cooling and electrical systems. Ari Firoozabadi of Marcus & Millichap's Bethesda, Md., office represented Ontario Partners, the seller, in the transaction.