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228 Manor Cir
Takoma Park, MD 20912
Multifamily Property For Sale · 7 Units

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INVESTMENT HIGHLIGHTS

  • Newly Renovated
  • New Roof (2023) and Building Systems (2025)
  • Paved Off-Street Parking
  • 7-Units in Highly Desirable Neighborhood
  • Occupied and Permitted

EXECUTIVE SUMMARY

SALE 100% Occupied, newly Renovated and well-maintained, 7-Unit Apartment Building in Takoma Park, Maryland. Nice mix of studios (5) and one-bedrooms (2). Walk to retail and restaurants. On site paved parking for residents. New Roof. See marketing flyer for more information.

PROPERTY FACTS

Price Per Unit $117,857
Sale Type Investment
Cap Rate 6.84%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 3,150 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1950/2025
Parking Ratio 2.54/1,000 SF
Zoning R-20

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Storage Space
  • Refrigerator
  • Oven
  • Range
  • Yard
  • Patio
  • Porch

SITE AMENITIES

  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 5 $1,060 215 - 570
1+1 2 $980.00 635 - 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-01065796
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$811,533
  • Listing ID: 35253876

  • Date on Market: 3/25/2025

  • Last Updated:

  • Address: 228 Manor Cir, Takoma Park, MD 20912

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