Comstock Inc. shares fall 1.55% premarket after entering into a purchase agreement for a 400+ unit multifamily property in Rockville, Maryland.

Comstock Inc. declined 1.55% in premarket trading. The company announced that it has entered into a purchase agreement to acquire a 400+ unit multifamily property located in the City of Rockville in Montgomery County, Maryland. The property includes thoughtfully designed apartment residences ranging from one-to-three bedrooms and well-appointed amenities, such as a fully equipped fitness center/yoga studio, multiple indoor and outdoor social gathering spaces, a resort-style pool, and garage parking. It is conveniently situated along Metro's Red Line and provides easy access to restaurants and retail shopping, as well as numerous local trails and green spaces.