Investment Firm Acquires D.C. Apartments
- Dec 27, 2011
Washington, D.C.—Multifamily investment advisory firm TGM Associates has acquired TGM Sudley Crossing, a 432-unit community in Manassas, Va.
TGM Sudley Crossing, formerly known as Tanglewood Apartments when it was owned and managed by Equity Residential, contains one- and two-bedroom units. These apartments include eat-in kitchens, breakfast bars and in-unit washers and dryers. Amenities include a clubhouse, fitness center, swimming pool, tennis courts, playground and outdoor spa.
Upgrades to the community will include a cyber café, a resident lounge and upgraded kitchens and baths in apartments.
The community is located close to public transportation such as Amtrak and Virginia Railway Express for an easy commute to Washington, D.C.
“We are very excited to be back in the Northern Virginia market and look forward to providing the residents of TGM Sudley Crossing with the quality services, value and sense of community that TGM stands for,” John Gochberg, COO, TGM Associates said in a press statement.