3511 Windom Road - The Ashley Of Brentwood, Brentwood, MD

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3511 Windom Road - The Ashley Of Brentwood

Brentwood, MD 20722-1046 - College Park Submarket

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Property Type:Multi-Family Number of Units:12 Status:Existing Year Built:1963

Stories:3 Building Size:15,000 SF Land Area:.46 AC (19,998 SF)

For Sale Price:$910,000 Price/Unit:$75,833.33 Cap Rate:9.50 % GRM:-

Parking:1 Parking Spaces / 1,000 SF

Property Description: Multi Family - 12 Units

Sale Notes:
"MOTIVATED SELLER! Make an offer for this 12 unit leased apartment building. Many upgrades, newish roof, renovations, owners full sprinklered basement, separate gas and electric meters and much more. Great opportunity for local investor. Call Larry Rosen for details.

This is an attractive, and well-maintained apartment building with a cap rate of 9%. There are 15 on site parking spaces, 13 separate electrical meters (all breakers) - all tenants pay their own electrical bill, 13 gas meters - all tenants pay their own gas bill, recently replaced water heater, new roof, 9 apartments have been upgraded in recent years. The basement is sprinklered with copper pipes and the new owner may be able to contrsuct additional units in the basement if approved by the county. This building seems ideally suited for conversion to condominiums.

CLICK HERE TO CONTACT THE SALES BROKER

FOR SALE CONTACTS

Commercial & Investment Realty Associates, LLC

Larry R Rosen

(301) 530-6085

View all my listings

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