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Jair Lynch Acquires Five Apartment Buildings in DC
Petworth Station
Jair Lynch Development Partners has acquired five apartment buildings in DC, totaling 482 units. The buildings that the U Street firm has added to their portfolio include:
- The 105-unit Aspen Court at 6676 Georgia Avenue NW (map);
- Brookland Park, 80 homes at 617 Hamlin Street NE (map);
- Burke Park, 160 homes at 1111 Massachusetts Avenue NW (map);
- Petworth Station, 78 homes at 930 Randolph Street NW (map);
- Fort Stevens Hill, 59 homes at 1339 Fort Stevens Drive NW (map).
According to a press release, the above communities “target young professionals and families with incomes not exceeding $43,000-$64,000.”
Jair Lynch has been busy over the last several months. In July, news came of a proposed 95-unit, nine-story residential building for the corner of 15th and V Street NW that the firm had in the works, and then in late September, Housing Complex reported that they had purchased a stretch of property on the 600 block of H Street NE. That plot will become 240 apartments in the next several years.
Jair Lynch’s latest acquisition brings the firm’s portfolio of residential units to over 2,100.
Image courtesy of Google Maps.
See other articles related to: apartments, dc apartments, jair lynch, renting, renting in dc
This article originally published at https://dc.urbanturf.com/articles/blog/jair_lynch_acquires_five_apartment_buildings_in_dc/4704.
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