Chevy Chase, MD-based FCP, with partners Insight Property Group and AHC, have acquired Camden Largo Town Center apartments in the Upper Marlboro, MD area of Largo for $71.9 million. The 245-unit community at 9701 Summit Circle will be rebranded Haven Largo.

 Chris Doerr and Will Harvey of Walker & Dunlop represented the buyers in the transaction.

“As part of our commitment to the preservation of moderately priced apartment communities in the Washington, DC region, we plan to offer resident services and implement affordability requirements to a portion of the units,” said FCP’s Scott Reibstein

 Haven Largo is a low-density, garden apartment community offering a tranquil setting in Prince George’s County, MD. The community is minutes from the Largo Town Center Metro Station and the Capital Beltway with access to major employment centers including University of Maryland Capital Region Medical Center.

Photo Courtesy FCP

AHC Inc., is a nonprofit developer of affordable housing that provides quality homes plus education programs and social services for low-and moderate-income families in MD, VA, and DC.