3925-3945 Gordon Stinnett Ave - Apartments FOR SALE


Chesapeake Beach, MD 20732
$5,400,000 USD
301-751-2810
3925-3945 Gordon Stinnett Ave, Chesapeake Beach, MD for Sale
$5,400,000 USD
Apartments - FOR SALE
1/2
null | 10% Cap Rate

3925-3945 Gordon Stinnett Ave
Chesapeake Beach, MD 20732


HIGHLIGHTS

  • Low Income Housing - Tax Break
  • Water View

OVERVIEW

Low Income Housing Apartments (25 years left on the covenant) 60 Units 13 One Bedroom Units 47 Two Bedroom Units NDA Must be signed to review income documentation. State of Maryland must approve buyer ($5000.00 fee for processing)

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$109 USD /SF

# OF UNITS

60

PRICE/UNIT

$90,000

CAP RATE

10%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

60

LAND DETAILS

LAND ACRES

3.64 AC

LAND SF

158,558 SF

ZONING

MCR

APN/PARCEL ID

03-153592

ASK ABOUT THIS PROPERTY

Teresa Shasho ClarkShasho Consulting P.A. Commercial Real EstateMore Info
301-751-2810

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Teresa Shasho ClarkShasho Consulting P.A. Commercial Real EstateMore Info
301-751-2810

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