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UIP, PRP, AND PERSEUS REALTY ACQUIRE 289-UNIT CAPITOL PARK TOWERS APARTMENTS IN SOUTHWEST WASHINGTON, DC
Washington, DC, November 18, 2013 – A group that includes Urban Investment Partners (UIP), PRP LLC, and Perseus Realty has acquired the 289-unit Capitol Park Towers apartment complex in Washington, DC. The group plans to invest in significant improvements over the next several years.

Urban Investment Partners owns and operates multi-family residential and mixed use properties throughout the Greater Washington Metropolitan Area.

UIP adds value to older, often historic properties. We renovate major systems, reduce expenses, eliminate exposure to energy market fluctuations, increasing operating income dramatically.

Elegant state of the art condominium homes provide exceptional urban living experiences in the most desired neighborhoods.

UIP Property Management Inc. provides state of the art property management services, utilizing “Best Practices” approach to maintenance, repairs, resident communications, financial reporting and more.

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