928 Victory Ave - Apartments FOR SALE


Brooklyn, MD 21225
$450,000 USD
410-914-1010
928 Victory Ave, Brooklyn, MD for Sale
$450,000 USD
Apartments - FOR SALE
1/3
null | 8.9% Cap Rate

928 Victory Ave
Brooklyn, MD 21225


HIGHLIGHTS

  • Fully leased property with four rentable units under long-term agreements.
  • Strong investment metrics with an 8.9% CAP rate.
  • Recently renovated units, minimizing maintenance costs.
  • Conveniently located between BWI Airport and Downtown Baltimore.
  • Positioned in Anne Arundel County with access to major highways and employment centers.

OVERVIEW

This multi-family investment property at 928 Victory Avenue offers a fully leased building of four rentable units, each under long-term leases, ensuring consistent income for investors. The property boasts an attractive 8.9% CAP rate, making it a compelling opportunity for those seeking strong returns in the Baltimore market. Recent renovations have modernized the units, reducing near-term capital expenditure and enhancing tenant satisfaction. Strategically located between Baltimore/Washington International (BWI) Airport and Downtown Baltimore, the property benefits from excellent connectivity to major employment hubs and transportation corridors. Its position within Anne Arundel County provides access to a diverse economic base and a growing rental demand. With an asking price of $450,000, this asset presents a rare chance to acquire a stabilized, income-producing property in a high-demand corridor.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$260 USD /SF

# OF UNITS

4

PRICE/UNIT

$112,500

CAP RATE

8.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R15

APN/PARCEL ID

05-692-12500500

ASK ABOUT THIS PROPERTY

Liam SweeneyFriend Commercial Real EstateMore Info
410-914-1010

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Liam SweeneyFriend Commercial Real EstateMore Info
410-914-1010

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