Montgomery Housing Partnership Purchases Parkview Towers

Takoma Park, MD – January 10, 2011 – (RealEstateRama) — Montgomery Housing Partnership, Inc. (MHP), a private nonprofit housing developer, today announced the year-end acquisition of the Parkview Towers apartments at 7667 Maple Avenue. MHP purchased the 11-story building for $6.895 million from a private owner on December 23, 2010. The broker of record on the transaction was Marcus & Millichap Real Estate Investment Services.


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Montgomery Housing Partnership is a private, nonprofit housing development organization based in Montgomery County, Maryland.  It is the largest nonprofit housing organization in the County, and has developed 1,165 units of affordable homes to date.  MHP is a chartered member of NeighborWorks®  America.  For more information about MHP

Contact:

Montgomery Housing Partnership
12200 TechRoad
Suite 250
Silver Spring, MD 20904-1983

Phone: 301-622-2400
Fax: 301-622-2800

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