GREENBELT, MD—A source tells GlobeSt.com that Glen Oaks, a 463-unit apartment building here is trading for $73.5 million, or $158,747 per unit, to BE Glen Oaks LLC, a limited liability company formed in October 2014 in Delaware.
Located at 7509 Mandan Rd., the building delivered in 1979 and was renovated in 2007.
The seller is a joint venture between Ross Development and Investment and Rockwood Capital.
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