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Affordable housing investor acquires big Landover apartment complex near Purple Line, with local government help

July 22, 2022

An affordable housing investor recently acquired a 727-unit apartment complex in Prince George’s County’s Landover Hills for $139 million, with help from a county program aimed at preserving affordable housing for lower-income residents. The property, dubbed Verona at Landover Hills, whose main address is 4085 Warner Ave., comprises 727 workforce units in 18 low-rise buildings on five parcels just southwest of Annapolis Road.

Article Source: Washington Business Journal

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