INSIGHT ACQUIRES 214 APARTMENTS NEAR QUANTICO MARINE BASE

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STAFFORD, VA. — Insight Property Group has acquired Vine Place Apartments, an apartment community located near Quantico Marine Base in Stafford. The 214-unit property sold for $15.9 million. Insight plans to re-brand and reposition the property, which was constructed in 1997. The buyer has retained a new property management company and plans to invest significant capital to upgrade amenities, landscaping, signage and building entrances. The seller was not released.

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