July 15, 2020
Privately-held real estate investment company FCP has sold Potomac Vista Apartments, a 408-unit apartment community in Woodbridge, VA. The community was acquired by Jair Lynch Real Estate Partners and Nuveen for $81.5 million.
The three-story property was built in 1987 and consists of a mix of one-, two- and three-bedroom floor plans. Amenities include a fitness center, pool, business center, playground and clubhouse. FCP acquired the property in 2016. The community is located at 14101 Kristin Court and is 25 miles southwest of Washington D.C.
Brian Crivella, Walter Coker and Robert Jenkins of JLL represented FCP in the transaction.
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