Avanath Capital Management has acquired Fields of Germantown, a 143-unit multifamily property for $17.5 million or $122,377 per room. The Fields of Germantown is located at 12912 Falling Water Circle in Germantown, Maryland. The property was built in 2001 under the LIHTC program, and was 97.9 percent occupied at the time of purchase.
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12912 Falling Water Cir, Germantown, MD