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Atlanta & Southeast  + Southeast  + Apartments  |  June 13, 2019
David Cohen
By: David Cohen

Bell Partners Acquires 217-Unit Apartment Community in Virginia

Apartment investment and management company Bell Partners acquired Twenty400, a 217-unit apartment community in Arlington, VA, on behalf of its Fund VI investors. The sales price was undisclosed. Bell Partners will manage the property, which will be renamed Bell Arlington Ridge.

Built in 2010, Bell Arlington Ridge is located within the Beltway and adjacent to I-395. The property is near both the Pentagon City Metro Station and two Arlington Rapid Transit bus lines. Amenities include a two-level fitness center, resort-style pool, parking garage, coffee bar, dog run, and onsite bike storage. Each unit features nine-foot ceilings, washers and dryers, granite countertops, and energy-efficient stainless-steel appliances.

With the acquisition of Twenty400, Bell Partners now owns three properties in Virginia and seven properties in the DC, Maryland and Virginia area.

To stay connected with multifamily news and trends, we invite you to attend Connect Apartments at the JW Marriott in Los Angeles June 20, 2019.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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