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CAPREIT sells multifamily portfolio near Maryland's first capital for $68 million

Venture acquires 304 units across two buildings in St. Mary's County
The 144-unit Park Villas in Lexington Park, pictured, sold as part of a two-property portfolio near St. Mary's City. (Michael Johnson/CoStar)
The 144-unit Park Villas in Lexington Park, pictured, sold as part of a two-property portfolio near St. Mary's City. (Michael Johnson/CoStar)
By Lia Taylor
December 16, 2024 | 5:22 P.M.

CAPREIT is cashing in on a pair of apartment complexes near Maryland's oldest city and original state capital.

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