Apartment Buildings /MD /Worcester County /Ocean City /12820 Harbor Rd
Apartment Buildings /MD /Worcester County /Ocean City /12820 Harbor Rd

12820 Harbor Rd - Apartments FOR SALE


Ocean City, MD 21842 | 
$6,500,000 USD
410-603-2826
12820 Harbor Rd, Ocean City, MD for Sale
$6,500,000 USD
Apartments - FOR SALE
1/4
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12820 Harbor Rd
Ocean City, MD 21842

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HIGHLIGHTS

  • Unique Deepwater Fronting Location w/ 11 Boat Slips
  • Fully Equipped Restaurant
  • Income from Apartmenet Building

OVERVIEW

Great investment opportunity located on Harbor Road in West Ocean City. Four parcels to include Pier 23 Restaurant, Apartment Building and Parking Lot direclty across the street. Total of 1.6 Acres.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$714 USD /SF

# OF UNITS

16

PRICE/UNIT

$406,250

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pier 23

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,497 SF

ZONING

C-2

APN/PARCEL ID

10-013909

ASK ABOUT THIS PROPERTY

Blair RinnierRinnier Development CompanyMore Info
410-603-2826

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Blair RinnierRinnier Development CompanyMore Info
410-603-2826

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

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