Haven Largo

Acquisition of an existing 245-unit apartment community in Largo, MD.

Implementing a value-add strategy on an existing apartment community.

The 245-garden style apartment community is located at the heart of downtown Largo, MD. Largo is one of Prince George’s County’s fastest-growing commercial centers.

Insight, in conjunction with partners AHC and FCP, acquired the property in March, 2022 for $71,850,000. The partnership will implement a rigorous asset management program that includes rebranding the property, new property management, improvements to the property’s exteriors, and interior unit renovations.

For Insight and its partners, Haven Largo represents an extremely rare opportunity to acquire and reposition an institutional-scale community located in a tremendously desirable in-fill location. The property is steps from the Downtown Largo Metro Station (Blue and Silver lines), enjoys convenient access to I-495, and is proximate to major regional employers including the new University of Maryland Capitol Region Hospital, Kaiser Permanente, and Prince George’s County Government.