November 21, 2019
San Francisco-based real estate investment firm Hamilton Zanze has acquired the Oasis at Montclair Apartments, a 244-unit multifamily community in the Washington DC-area community of Dumfries, VA. The sales price and seller was undisclosed.
Located along Interstate 95, the Class A community was built in 2014 and offers a mix of one-, two-, and three-bedroom units averaging 1,016 square feet. Features include individual climate control, dishwashers and garbage disposals, and in-unit washers and dryers. Amenities include a fitness center, car wash, coffee bar, dog park, internet café, movie theater, clubhouse, outdoor fitness center, outdoor cabanas with grills, saline pool and yoga room.
Hamilton Zanze plans to renovate a majority of the units with vinyl plank flooring, stainless-steel appliances, new lighting, and smart home technology. Property management responsibilities have been transferred to Mission Rock Residential.
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