J Harbor Park at North Point Update 09/14/21

190 Unit Reston Multifamily Acquired for $65M

Jefferson Apartment Group in partnership with Invesco Real Estate have acquired the 190-unit multifamily now dubbed J Harbor Park at North Point in Reston for $65M. The 5 building apartment community sits on a 10-acre site, originally constructed in 1996. Units range in size from 1 through 3 bedrooms with on-site amenities including a pool, fitness center, and resident clubhouse. In a statement, Jefferson Apartment Group CEO Jim Butz said, “this is an exciting acquisition for JAG as we further expand our footprint in the D.C. Metro region. This ideal location in the Dulles Technology Corridor allows residents convenient access to some of our nation's preeminent technology companies.”  

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