UIPGC to perform $7 million renovation at Rhode Island Gardens

Washington, D.C.—Urban Investment Partners has acquired Rhode Island Gardens, an 81-apartment home community in Washington, D.C., for $7.6 million from Roydun Corporation. UIPGC to perform $7 million renovation which includes adding five apartments on the building’s lower level, upgrading electric service, installing individually controlled heating and air conditioning in each apartment, plumbing replacements and upgrades, and upgrading all common areas and apartment interiors.

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