Aulder Capital is pleased to annouce the acquisition of River Pointe, a 170-unit apartment community located in Fort Washington, MD. The acquistion is part of the company’s ongoing expansion in the Northeast corridor.
“River Pointe is a well-maintained property of high quality construction, and it’s a great fit for our expanding NE Corridor portfolio. Aulder will continue to invest in the property with professionally designed upgrades to interiors, common areas, and the latest amenities for tenants seeking both value and lifestyle” said Aulder Head of Acquisitions, Matthew Schneider.
River Pointe is well-located in the Indian Head Highway corridor, just south of the Washington Capital Beltway. The property sits near major employment centers at Andrews Air Force Base and the National Harbor entertainment, conference and retail area, including the $1.3 billion, recently completed MGM National Harbor Hotel and Casino.