228 Manor Cir - Apartments FOR SALE


Takoma Park, MD 20912
$789,000 USD
301-961-9696
228 Manor Cir, Takoma Park, MD for Sale
$789,000 USD
Apartments - FOR SALE
1/8
null | 7.07% Cap Rate

228 Manor Cir
Takoma Park, MD 20912


HIGHLIGHTS

  • Self manage and the return is nearly 8%
  • Renovated, 7-Units in Highly Desirable Neighborhood
  • New Roof (2023)
  • Fully Occupied and Permitted
  • Paved Off-Street Parking

OVERVIEW

Back on the market, buyer could not perform. Fully Occupied, Renovated and well-maintained, 7-Unit Apartment Building in Takoma Park, Maryland. Nice mix of studios (5) and one-bedrooms (2). Self manage the property and the COC Return is nearly 8%. Walk to retail and restaurants. On site paved parking for residents. New Roof. See marketing flyer for more information.

FOR SALE DETAILS

PRICE

$789,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

7

PRICE/UNIT

$112,714

CAP RATE

7.07%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R-20

APN/PARCEL ID

13-01065796

ASK ABOUT THIS PROPERTY

Sam FarnumAMR Commercial, LLCMore Info
301-961-9696

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Sam FarnumAMR Commercial, LLCMore Info
301-961-9696

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