MHP at White Flint
The buyer, Montgomery Housing Partnership (MHP), will develop much needed affordable housing by utilizing both 4% and 9% LIHTCs. In addition to the maximum 9% award, they were awarded $1,000,000 from the Rental Housing Program, and will receive a $2,200,000 grant from Amazon’s Housing Equity Fund. All 163 units will be preserved as affordable for […]
Purple Line Site
BridgeWater Real Estate Brokerage is pleased to exclusively present this unique opportunity to develop next to a future Maryland Purple Line Station. This 2.99-acre property is located in a Qualified Census Tract (QCT), an Opportunity Zone (OZ), and an Enterprise Zone. Prince George’s County recently adopted a new zoning code, temporarily allowing developers to take […]
Terrapin Valley
4.44 acre development opportunity featuring a full block of frontage on Baltimore Ave (Rt. 1) in College Park, Maryland. The property consists of three operating hotels on two commercial lots, an adjacent house, residential land on Delaware Avenue and a road (48th avenue) between the commercial and residential portions that could be abandoned. Existing use […]
Silver Spring
8040 13th Street is adjacent to the DC border in Silver Spring. The property is currently used as 2 hotels (Days Inn and Travelodge) and retail (a Subway sandwich shop). The potential for development is enhanced by the county’s surface parking lot and parking garage which sits adjacent to the North of the property. We […]
