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New Property Management Addition! Multi-Unit Student Housing




CapStar is pleased to announce it has been engaged to provide leasing and property management service for the Apartments at 7400 & 7404 Rhode Island Ave, a two-building student housing complex in College Park, Maryland. In just a month, CapStar has put four units ready on the market and has secured two leases for the 11-unit complex.


Apartments at 7400 & 7404 Rhode Island Ave is next to the University of Maryland, College Park and a short walk to the heart of the campus and College Park Metro Station. Each unit includes their own kitchen and bathroom and are furnished with the core necessities for a student. A good variety of retails and restaurant establishments are within walking distance such as Target, CVS, Bank of America, Starbucks, Papa John’s Pizza, etc.


As an alumnus of University of Maryland, I understand the importance of affordable housing around the campus for students, and the Apartments at 7400 & 7404 Rhode Island Ave is well serves these needs, stated Richard Huang, Leasing and Sales Associate of CapStar, who will be handling the leasing. “Besides filling the property, our first order of business will be to help the landlord stabilize the property by thoroughly screening and securing responsible tenants and maximizing the cost efficiency for the landlord." stated Cori Simmons, Director of Property Management of CapStar, who will be overseeing the management and maintenance of the property.


Photo: Richard Huang


To contact Richard Huang, please email: rhuang@capstarco.com


To read more about Huang, please visit: https://el.capstarco.com/richard-huang





 

About CapStar Commercial Realty

Since 1994, CapStar Commercial Realty is a full service commercial real estate firm headquartered in Gaithersburg, MD, operating across the District of Columbia, Maryland, and Virginia. CapStar assists small and large companies, from local to an expanding brand, with services in leasing, sales and acquisitions, property management, business acquisitions, consulting, and a unique specialty in restaurants. CapStar’s range of services and proprietary database help sellers, buyers, landlords, and tenants, identify real estate opportunities in retail, office, industrial, land, and condominiums.

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