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5225 Marlboro Pike
Capitol Heights, MD 20743
SunCrest Apartments · Multifamily Property For Sale
·
44 Units
Property Facts
| No. Units | 44 | Building Size | 38,000 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1972/2018 |
| Building Class | C | Parking Ratio | 2.52/1,000 SF |
| Lot Size | 1.97 AC | ||
| Zoning | R-18 - Residential | ||
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.97 AC |
| Building Size | 38,000 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2018 |
| Parking Ratio | 2.52/1,000 SF |
| Zoning | R-18 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Wheelchair Accessible (Rooms)
About 5225 MARLBORO PIKE , CAPITOL HEIGHTS, MD 20743
The Webb Group of Marcus & Millichap is pleased to represent the ownership in the sale of the Crest Apartments, located at 5225 Marlboro Pike, Capitol Heights, Maryland. This 44-Unit Multifamily Community is situated less than one mile outside of Washington, D.C. on a 88,813-square-foot (2.04 acre) lot, zoned R-18. The property has a diverse unit mix, including 10 one-bedroom units, 18 two-bedroom units, 15 three-bedroom units, and one four-bedroom unit. Twenty-four of the units have been recently renovated, featuring premium finishes and features such as wood grain flooring, designer bathroom tiles, modern wood cabinets, granite countertops, contemporary lighting fixtures, air conditioning, heat, dishwashers, and cable access. All tenants have access to an on-site coin laundry facility, providing another source of revenue. The property also includes sufficient parking for all of the units, a huge benefit for residents which can be factored into the potential rents. Additionally, the parking spaces are shielded from the elements by carport structures. Other resident amenities include a children’s play area, picnic tables, and a communal grill. Furthermore, the roofs were replaced, and solar panels were installed – reducing the owner’s electricity expense by over 30 percent.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 600 |
| 2+1 | 18 | - | 800 |
| 3+1 | 15 | - | 1,000 |
| 4+1 | 1 | - | 1,200 |
Property Taxes
| Parcel Number | 06-0463810 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,695,367 |
Property Taxes
