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Avanath Capital Management Buys Victoria Park at Edgewater for $11.3 Million

California Investor Adds Fully Leased Apartment Building in Edgewater to Growing Portfolio
The 102-unit Victoria Park at Edgewater apartment building in Edgewater, Maryland. Photo: CoStar
The 102-unit Victoria Park at Edgewater apartment building in Edgewater, Maryland. Photo: CoStar
By Matthew Hofmann
March 29, 2019 | 6:04 P.M.

Avanath Capital Management purchased a 102-unit apartment building in Edgewater, Maryland, from Annapolis-based Osprey Property Companies. Victoria Park at Edgewater sold for $11.3 million, or about $111,000 per unit.

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