SNELL PROPERTIES ACQUIRES HALPINE VIEW IN MONTGOMERY COUNTY, MD.

Expansive garden-style apartment community close to Twinbrook Metro

Arlington, VA (June 30, 2022) — Snell Properties is pleased to announce it has entered the long-term partnership that owns Halpine View, a 564-unit apartment community in the Twinbrook area of Rockville, Maryland.

In addition to joining the partnership, Snell will provide asset management services and lead a successful unit renovation program initiated by the existing ownership group.  The partnership also plans to design and construct a central facility for community-wide amenities that will contain a leasing office.

Halpine View, located at 13013 Crookston Lane off Twinbrook Parkway, was originally constructed in 1965.  The community abuts the City of Rockville’s boundaries and backs to Rock Creek Park.  The community’s proximity to transit, including the Twinbrook Metro Station, is convenient for federal and county employees as well as commuters into Washington, D.C.  Halpine View is situated in a desirable school district and offers attractive setting with mature landscape.

About Snell Properties

Headquartered in Arlington, Virginia, Snell Properties is an investor, developer, and asset manager of a portfolio of multifamily, commercial, and mixed-use properties in urban and suburban submarkets surrounding Washington, D.C. and throughout the Southeast United States.  Founded in 1947 by George Snell, the company has built a legacy of creating value with its core portfolio of multifamily and commercial assets. Today Snell is managed by a seasoned team of real estate professionals with expertise in value-add renovations, development, finance, acquisitions, and asset management. With a noteworthy portfolio of assets and exciting plans to expand into new markets and ventures, Snell is a boutique firm building on its legacy in innovative ways, including the redevelopment of the Ames Center in Rosslyn.  For more information, please visit snellproperties.com.