The 210 unit property will be rebranded as One80 Watkins Mill
Located at 180 Watkins Station Circle along Montgomery County's highly sought-after I-270 corridor, One80 Watkins Mill offers residents quality workforce housing in a market challenged by housing affordability.
Built in 1975 and situated on more than 11 acres, the community has a swimming pool, fitness center, tennis court, playground, and package lockers in addition to washers and dryers in every apartment. The property is currently nearly 100% occupied, reflecting strong demand for attainable housing options in the region.
RailField plans to implement strategic property improvements while continuing to provide residents with a professionally managed, well-maintained community.
The property was purchased by RailField’s RG Value Add Fund, a programmatic joint venture with GCM Grosvenor, investing on behalf of four major pension funds.