Contacts
Transwestern
Transwestern
Transwestern
Property Details
- Property Type Multi-Family
- Property Size 792,165 SF
- Units 1062
- Lot Size 35.29 Acre
- Building Class C
- Year Built 1949
- Date Updated Sep 24, 2026
Transwestern’s Mid-Atlantic Multifamily Group, as exclusive agent, is pleased to offer an opportunity to acquire Queenstown Apartments (the “Property”), a 1062-unit garden-style Naturally Occurring Affordable Housing (NOAH) investment opportunity situated in a Qualified Census Tract (QCT) that has been owned by the same ownership group for over 45-years and is ideally situated in the Mount Rainier/Hyattsville MD-Washington, DC Corridor in Prince George’s County, Maryland.
The Property benefits from significant in-place cash flow with excellent historical performance and has been well-maintained for many years by a predominant local investment firm with significant high-cost capital improvements completed. The asset is primed for several investment strategies including being preserved as high-quality workforce housing, a potential LIHTC conversion, or implementation of continued market-rate value add improvements allowing a new ownership group multiple business plan executions to create value.
Reach out to the broker for more info on lease terms and amenities
Getting around
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78/100
Walk Score ®
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85/100
Bike Score ®
Location
- City Mount Rainier, MD
- Zip Code 20712
- Market Washington DC Suburban Maryland
Points of Interest
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West Hyattsville
0.44 miles
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Hyattsville Crossing
1.11 miles
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Riverdale
1.79 miles
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College Park
2.69 miles
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Cheverly
3.48 miles
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Landover
4.09 miles
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Silver Spring
4.60 miles
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New Carrollton
4.96 miles
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Capitol Heights
5.04 miles
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Greenbelt
5.07 miles
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Sunoco
0.15 miles
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Exxon
0.19 miles
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Shell
0.37 miles
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BP
0.69 miles
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Rhode Island Ave MD Valero
0.89 miles
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Liberty
0.90 miles
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Citgo
1.23 miles
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Baltimore Ave Valero
1.49 miles
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Tesla Supercharger
1.98 miles
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ChargePoint
2.40 miles
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West Hyattsville Metro Station Parking
0.40 miles
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Hyattsville Crossing Metro Station Parking
1.12 miles
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Mosaic at the Metro Apartments Resident Parking
1.12 miles
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City of Hyattsville Parking Lot 4
1.19 miles
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City of Hyattsville Parking Lot 3
1.21 miles
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US Post Office Parking Lot
1.21 miles
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City of Hyattsville Parking Lot 2
1.21 miles
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City of Hyattsville Parking
1.29 miles
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City of Hyattsville Parking Lot 1
1.32 miles
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UMGC Marriott Hotel
2.52 miles
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Quality Inn
2.62 miles
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Wyndham Garden Washington DC North BW Parkway
2.69 miles
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The Hotel
2.95 miles
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The Hotel at The University of Maryland
2.97 miles
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Eden Park Guest House
2.99 miles
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Holiday Inn Express
3.02 miles
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Cambria
3.41 miles
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Best Western Plus
3.47 miles
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Holiday Inn Express & Suites
3.81 miles
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Lidl
0.22 miles
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Bestway
0.34 miles
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ALDI
0.36 miles
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Glut Food Coop
0.85 miles
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Giant
1.10 miles
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TJ Maxx
1.25 miles
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Ross
1.29 miles
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The Mall at Prince Georges
1.31 miles
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JCPenney
1.31 miles
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Macy's
1.33 miles