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Washington DC & Mid-Atlantic  + Maryland  + Apartments  | 

MidCity Selling Workforce Housing in Suburban Maryland

Transwestern Real Estate Services (TRS) announced that its Mid-Atlantic Multifamily Group has been retained to sell Queenstown Apartments, a 1,062-unit garden-style community in Mount Rainier, Maryland. Transwestern’s Dean Sigmon, Robin Williams, and Michael D’Amelio are marketing the Prince George’s County property on behalf of the owner, MidCity.

“Located in a Qualified Census Tract, the property provides a significant amount of naturally occurring affordability for low- and moderate-income renters, creating a rare opportunity to acquire a large multifamily community of this size in Prince George’s County and preserve high-quality workforce housing,” said Sigmon, TRS Executive Vice President.

Queenstown’s central location in the Mount Rainier/Hyattsville submarket, within walking distance to the West Hyattsville Metro Station, provides convenient access to East-West Highway, US Route 1, US-50, the I-95/I-495 Capital Beltway, and the Baltimore-Washington Parkway. “With strong in-place cash flow, excellent historical performance and upside potential, Queenstown presents multiple investment strategies to maximize returns,” said Williams, TRS Executive Vice President.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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