Monthly Archives: March 2019

March 1st, 2019

Cove Property Management to purchase the Spa Cove Apartment complex in Annapolis

The 178-unit complex sold for $31,293,200 or $176,366 per unit, according to public record documents. Originally constructed in in 1966, the rental property consists of one-bedroom/one-bath units to four-bedroom/two-bath units, with sizes ranging being between 780 to 1621 square feet. At the time of sale the property was approximately 88% ... Read More