The apartment complex next to the West Hyattsville Metro station has new owners, and they plan $2.5 million in upgrades.
Chevy Chase-based Federal Capital Partners announced that it has bought the Ager Road Station apartments for $14.75 million.
The complex, soon to be renamed North Pointe, is made up of 19 brick buildings with 234 apartment units. The site has a playground and areas for volleyball and horse shoes and boasts of its extensive daffodil and tulip plantings.
A lot of areas around Metro stations are getting substantial new condos and apartments, but the changes FCP plans sound mostly cosmetic.
Rent at the apartments currently ranges from $900 to $1,200 a month.
Update: Hyattsville Patch editor Michael Theis has more on the current owners.