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Barrett Place 1 Multifamily Properties Offered at $585,000 in Indian Head, MD
Investment Highlights
- 4 Houses 1 Parcel
Executive Summary
Exceptional "AS-IS" investment opportunity featuring four separate residential properties situated on a single 1.03-acre parcel. With three of the four homes currently leased, this income-producing asset generates a current NOI of approximately $56,448 , with a projected stabilized Income of approximately $66,260. Each home has had recent updates to HVAC and plumbing. Ideally located just 29 miles from Washington, D.C., and less than five miles from the Naval Support Facility Indian Head, with a renters market driven by commuters, military personnel, and local employers.
Property Facts
| Price | $585,000 | Number of Properties | 4 |
| Price / SF | $146.25 / SF | Individually For Sale | 0 |
| Cap Rate | 9.65% | Total Building Size | 4,000 SF |
| Sale Type | Investment | Total Land Area | 1.08 AC |
| Status | Active |
| Price | $585,000 |
| Price / SF | $146.25 / SF |
| Cap Rate | 9.65% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 4,000 SF |
| Total Land Area | 1.08 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4137 Barrett Pl, Indian Head, MD 20640 | Multifamily | 4,000 SF | 1960 | - |
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Barrett Place
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