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Brookes Manor Apartments 206-212 Brookes Ave 30 Unit Apartment Building For Sale Gaithersburg, MD 20877
Investment Highlights
- No rent control – superior regulatory positioning
- Stable operations with professional management in place
- Strong submarket fundamentals with no new supply pipeline
- In-place rents slightly below market
- Balanced unit mix with broad tenant appeal
- Proximity to major retail and lifestyle destinations
Executive Summary
The Zupancic Group of Marcus & Millichap is pleased to present Brookes Manor Apartments, a 30-unit multifamily community located in Gaithersburg, Maryland, within the highly desirable Montgomery County submarket. Gaithersburg, Maryland is one of the region's most desirable multifamily markets. The location within the City of Gaithersburg is also unique as it is not subject to rent control like other cities within Montgomery County, creating unique upside for investors. The offering presents a compelling opportunity to acquire a well-maintained, professionally managed asset with stable operations and a clear path to continued rent growth. Brookes Manor consists of approximately 26,769 square feet across multiple buildings and features a balanced unit mix of one- and two-bedroom apartments averaging approximately 750 square feet, supporting broad tenant demand. The property benefits from strong in-place occupancy, quality finishes, off-street parking, and consistent ownership oversight. Current rents are slightly below comparable properties, providing immediate organic upside without the need for a heavy capital program. With limited new supply in the surrounding area, proximity to major retail corridors, and convenient access to I-270 and regional employment centers, Brookes Manor is well positioned to deliver stable cash flow and long-term performance.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Building Size | 26,769 SF |
| No. Units | 30 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1956 |
| Apartment Style | Low-Rise | Parking Ratio | 1.11/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.26 AC | ||
| Zoning | CBD - Residential | ||
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 26,769 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 1956 |
| Parking Ratio | 1.11/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CBD - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Sprinkler System
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Trash Pickup - Curbside
- Wi-Fi
- Private Bathroom
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | $1,314 | 700 |
| 2+1 | 15 | $1,456 | 800 |
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Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Total Assessment | $3,236,099 (2025) | |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$3,236,099 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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