OneWall Communities, a Connecticut real estate company, announced Friday a $97 million addition to its Maryland portfolio, reflecting the growing appeal of Prince George’s County — owing especially to relatively moderate housing prices.
The company purchased Heather Hill Apartments — an 18-building, 459-unit low-rise complex on 21 acres, located at 5837 Fisher Road in Temple Hills — from Hampshire Properties. The deal closed Feb. 18.
OneWall Chief Investment Officer Nate Kline says the site is well situated, near the Beltway, Interstate 295 Joint Base Andrews, Suitland Federal Center, National Harbor and D.C., but “while retaining a suburban feel.”
