D.C. FIRM BUYS 94-UNIT APARTMENT COMPLEX

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HYATTSVILLE, MD. — Washington, D.C.-based Urban Investment Partners and its Netherlands-based partner Stonebridge Investments have purchased the 94-unit Courtyard Park Apartments from CYP for $4.1 million. The sellers made the purchase on behalf of Washington Residential Fund III. The property, located at 4201-4213 Oglethorpe St. in Hyattsville, is 97 percent occupied. Bethesda, Md.-based BMC Property Group brokered the transaction.

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