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Washington DC & Mid-Atlantic  + DC Metro  + Apartments  |  July 12, 2021
David Cohen
By: David Cohen

Eastern Union Brokers $42M Sale of Maryland Apartment Property

New York-based commercial real estate firm Eastern Union has arranged the $42 million sale of Portabello Apartments, a 254-unit apartment property in Oxon Hill, MD.

Located at 6441 Livingston Road, the property is approximately 13 miles from Washington D.C. and consists of one, two- and three-bedroom units. Rent ranges from $1,145 to $1,820. The community was constructed in 1965 and features a suite of amenities that include a playground, pool, laundry facilities, a clubhouse and nearby access to public transportation.

Alex Bensahel of Eastern Union brokered the transaction on behalf of the undisclosed seller and buyer.

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Inside The Story

Eastern Union’s Bensahel

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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