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 Vanguard Realty Group's Investments Sales Team Closes  

on Multifamily Portfolio in Takoma Park, MD  

Potomac, MD, July 8, 2011. . . . Rick Struse and Cullen O'Grady of Vanguard Realty Group's Investment Sales Division have completed the sale of 2 multifamily properties in Montgomery County, Maryland.  Roanoke Apartments, an 11-unit garden style apartment property, and Lee Avenue Apartments, a 37-unit garden style apartment property, are both located in Takoma Park.  Rick and Cullen represented the lender as well as securing the buyers, two separate local investors, to complete the transactions.  Vanguard Realty Group was selected to represent the lender who has a successful history of transactions with the Investment Sales Team at Vanguard. Last year, Rick and Cullen sold a 34-unit apartment property (Clarkview Apartments), as well as an 18 and 42 unit property (Groveland and Belvieu Apartments) for the same client.  Multiple offers were submitted during a very quick and thorough marketing process. The properties were both in receivership and in stable condition at sale, with significant potential upside.  

About Vanguard Realty Group

Vanguard Realty Group, a locally owned and operated company, provides full service Leasing, Brokerage, Investment Sales, Property Management, Asset Management, Engineering & Energy Management, and Tax Consulting for commercial and multifamily properties in the mid-Atlantic region, with an emphasis on the National Capital area.  


For more information, visit www.vanguardrealty.com


Lee Ave Apts.

Lee Avenue Apartments


Roanoke Apts

Roanoke Apartments 

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For More Information Contact: 
Cullen O'Grady 

Rick Struse  


Vanguard Press Contact:

 Leslie Mazzocco 


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