MARYLAND MULTIFAMILY COMPLEX CHANGES HANDS

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FORESTVILLE, MD. — A subsidiary of FCP Fund I, has purchased Park Berkshire Apartments, a 598-unit garden-style apartment community in Forestville, for an undisclosed amount. The property consists of 22 three-story buildings situated on 21 acres. The complex is in close proximity to Washington Capitol Beltway and the Suitland Metro Station. Plans for a $14 million renovation are underway.

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