202-777-2308
11401 July Dr, Silver Spring, MD for Sale
Apartments - FOR SALE
1/30
null | Request Cap Rate

11401 July Dr
Silver Spring, MD 20904
White Oak


HIGHLIGHTS

  • Convenient access to DC Metro area through Route 29, I-495, I-95, and I-270 via Route 200 (ICC)
  • Compelling in-place yield, 3.4% lease trade-outs over trailing six months, and 99.7% mission-driven affordability (80% AMI)
  • Value-Add Potential in Silver Spring, Maryland
  • Montgomery County “A” school system rating, $146K average household income, $588K average home value, and 3% unemployment rate
  • Adjacent to the US Food and Drug Administration Headquarters with convenient accessibility to the Walter Reed Medical Hospital and NIH
  • Attractive In-Place Financing Limits Interest Rate Volatility Concerns

OVERVIEW

1990 vintage property located in Silver Spring, Maryland. Yorkshire Apartments features a unit mix comprised of 75% two and three-bedroom units, 100% of units have in-unit washer and dryers, and nearly every two and three-bedroom floorplan offers two full bathrooms. This investment opportunity is highlighted by the Property’s continued strong performance and outsized future rent growth projections.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

326

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Yorkshire Apartment Homes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

450

LAND DETAILS

LAND ACRES

17.44 AC

LAND SF

759,686 SF

ZONING

R-20

APN/PARCEL ID

05-02255685,05-02255696

ASK ABOUT THIS PROPERTY

202-777-2308

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202-777-2308

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