2603 Southern Ave | Temple Hills, MD 20748
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- LoopNet Team
2603 Southern Ave
Temple Hills, MD 20748
South Pointe Apartments · Multifamily Property For Sale
·
390 Units
INVESTMENT HIGHLIGHTS
- Pathway for value add.
- Attractive assumable debt.
- Opportunity to recapture a larger percentage of Natural Gas costs.
- South Pointe is uniquely positioned to take advantage of a solar facility program proposed by a third-party vendor.
PROPERTY FACTS
| No. Units | 390 | Building Size | 335,840 SF |
| Property Type | Multifamily | Average Occupancy | 76% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1949/2004 |
| Building Class | B | Parking Ratio | 1.47/1,000 SF |
| Lot Size | 11.00 AC | ||
| Zoning | R18 | ||
| No. Units | 390 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 11.00 AC |
| Building Size | 335,840 SF |
| Average Occupancy | 76% |
| No. Stories | 4 |
| Year Built/Renovated | 1949/2004 |
| Parking Ratio | 1.47/1,000 SF |
| Zoning | R18 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Kitchen
- Refrigerator
- Tub/Shower
- Carpet
- Dining Room
- Wheelchair Accessible (Rooms)
- Window Coverings
SITE AMENITIES
- Laundry Facilities
- Picnic Area
- Playground
- Property Manager on Site
- Grill
- Package Service
- Maintenance on site
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $34,701,500 | |
| Land Assessment | $2,395,700 | Total Assessment | $37,097,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,395,700
Improvements Assessment
$34,701,500
Total Assessment
$37,097,200
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