15488 Mount Calvert Rd - Apartments FOR SALE


Upper Marlboro, MD 20772- Greater Upper Marlboro
$750,000 USD
410-365-3595
15488 Mount Calvert Rd, Upper Marlboro, MD for Sale
$750,000 USD
Apartments - FOR SALE
1/53
null | Request Cap Rate

15488 Mount Calvert Rd
Upper Marlboro, MD 20772
Greater Upper Marlboro


OVERVIEW

LIST PRICE IS THE STARTING BID OF THE AUCTION Auction Begins 05/15 10:00 AM, Auction Ends 05/19 11:00 AM Deposit: $50,000. Deposit must increase to 10% of total purchase price within 48 hours. 6% Buyer's Premium Free and clear title 12 Individual Apartments | Upper Marlboro, Maryland | Prince George's County Large Apartment building located in Upper Marlboro, Maryland within Prince George's County. Residents can enjoy the nearby attractions such as Patuxent River Park, Mount Calvert Historical & Archaeological Park, Jug Bay Wetlands Sanctuary, Maryland-National Capital Park, Billingsley House Museum, Rosaryville State Park, & +/- 23 miles to Washington DC. The property contains 12 different units, water tower (inactive), pressure tank and fire suppression system. One furnace is in each unit. Property is 92% occupied (as of May 4th, 2026). Easy Access to Crain Hwy. See below for more information: Total Potential Monthly Rent: $22,250 Total Potential Annual Rent: $267,000 Utilities: (Landlord pays all utilities) -Hot water heater -Electric Heating Parking: -(15) Lined parking spaces -(7/8) Additional parking spaces on the driveway -Large parking lot in the rear of the property (approx. 30 spaces) 15470 Mount Calvert Road - Vacant Previously rented for $2,000/mo Believed to be Set Up As: Main Level: -Kitchen -Living area -Dining area -(1) Half Bathroom Upper Level: -(3) Bedrooms -(2) Full Bathrooms 15472 Mount Calvert Road - Rented Rental Information: Scheduled Monthly Rent: $1,900/mo Scheduled Annual Rent: $22,800/yr Lease Term: 06/19/2025 to 06/31/2026 Believed to Contain: -Living area -Dining area -Kitchen -(1) Half Bathroom -(3) Bedrooms -(2) Full Bathrooms 15474 Mount Calvert Road - Rented Rental Information: Scheduled Monthly Rent: $1,900/mo Scheduled Annual Rent: $22,800/yr Lease Term: 06/01/2025 to 05/31/2026 Believed to Be Set Up As: Main Level: -Kitchen -Living area -Dining area -(1) Half Bathroom Upper Level: -(3) Bedrooms -(2) Full Bathrooms 15476 Mount Calvert Road - Rented Rental Information: Scheduled Monthly Rent: $1,900/mo Scheduled Annual Rent: $22,800/yr Lease Term: 07/01/2025 to 06/31/2026 Believed to Contain: -Living area -Dining area -Kitchen -(1) Half Bathroom -(3) Bedrooms -(2) Full Bathrooms 15478 Mount Calvert Road - Rented Rental Information: Scheduled Monthly Rent: $2,000/mo Scheduled Annual Rent: $24,000/yr Lease Term: Month-to-Month Believed to Contain: -Living area -Dining area -Kitchen -(1) Half Bathroom -(3) Bedrooms -(2) Full Bathrooms 15484 Mount Calvert Road - Rented Rental Information: Scheduled Monthly Rent: $1,750/mo Scheduled Annual Rent: $21,000/yr Lease Term: 12/25/2025 to 12/31/2026 Believed to Be Set Up As: Main Level: -Kitchen -Living area -Dining area Upper Level: -(2) Bedrooms -(1) Full Bathrooms 15486 Mount Calvert Road - Rented Rental Information: Scheduled Monthly Rent: $1,800/mo Scheduled Annual Rent: $21,600/yr Lease Term: Month-to-Month Believed to Be Set Up As: Main Level: -Kitchen -Living area -Dining area -(1) Half Bathroom Upper Level: -(3) Bedrooms -(1) Full Bathrooms 15488 Mount Calvert Road - Rented Rental Information: Scheduled Monthly Rent: $1,800/mo Scheduled Annual Rent: $21,600/yr Lease Term: Month-to-Month Believed to Be Set Up As: Main Level: -Kitchen -Living area -Dining area -(1) Half Bathroom Upper Level: -(3) Bedrooms -(1) Full Bathrooms 15492 Mount Calvert Road - Rented Rental Information: Scheduled Monthly Rent: $1,700/mo Scheduled Annual Rent: 20,400/yr Lease Term: Month-to-Month Believed to Be Set Up As: Main Level: -Kitchen -Living area -Dining area Upper Level: -(2) Bedrooms -(1) Full Bathrooms 15494 Mount Calvert Road - Rented Rental Information: Scheduled Monthly Rent: $1,900/mo Scheduled Annual Rent: $22,800/yr Lease Term: Month-to-Month Believed to Contain: -Living area -Dining area -Kitchen -(2) Bedrooms -(1) Full Bathrooms 15496 Mount Calvert Road - Rented Rental Information: Scheduled Monthly Rent: $1,900/mo Scheduled Annual Rent: $22,800/yr Lease Term: 07/18/2025 to 07/31/2026 Believed to Contain: -Living area -Dining area -Kitchen -(2) Bedrooms -(1) Full Bathrooms 19498 Mount Calvert Road - Rented Rental Information: Scheduled Monthly Rent: $1,700/mo Scheduled Annual Rent: $20,400/yr Lease Term: Month-to-Month Believed to Be Set Up As: Main Level: -Kitchen -Living area -Dining area Upper Level: -(2) Bedrooms -(1) Full Bathrooms -Bonus Room

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$42 USD /SF

# OF UNITS

12

PRICE/UNIT

$62,500

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Croom Manor Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

15

LAND DETAILS

LAND ACRES

3.73 AC

LAND SF

162,479 SF

ZONING

AG

APN/PARCEL ID

03-0246520

ASK ABOUT THIS PROPERTY

Adam ShpritzAshland Auction Group LLCMore Info
410-365-3595

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Adam ShpritzAshland Auction Group LLCMore Info
410-365-3595

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.