OneWall Communities Acquires Multifamily Property In Camp Springs For $23M

The multifamily property located at 5215 Morris Ave #5 in Camp Springs, Suitland, MD has been sold in a closed transaction. The property consists of 178 units and was sold for a total price of $23,000,000, resulting in an average price per unit of $129,213.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $23,000,000
• Address: 5215 Morris Ave #5, Camp Springs, Suitland, MD
• Market: Suitland, MD
• Buyer: OneWall Communities
• Seller: Railfield Realty Partners
• Broker: CBRE
• Units: 178
• Price Per Unit: $129,213

In this transaction, OneWall Communities acted as the buyer, while Railfield Realty Partners was the seller. CBRE represented the buyer and seller as the broker.