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Multifamily

8314 Flower Ave

8314 Flower Ave, Takoma Park, MD 20912

Listing Price: $1,014,000

Cap Rate
3.90%
Number of Units
6
GRM
11.32
Occupancy
83.3%
Price/Unit
$169,000
Price/Gross SF
$220.43
Gross SF
4,600

Investment Overview

8314 Flower Ave presents a compelling investment opportunity—a charming 6-unit apartment building nestled in the heart of Takoma Park, Montgomery County, Maryland. Originally constructed in 1941, with select units tastefully renovated between 2019 and 2023, this property boasts a mix of one studio and five one-bedroom, one-bathroom units across a generous 4,600 SF of gross building area.

Notably, there exists a noteworthy value-add potential for savvy investors poised to enhance and remodel the final two units. This strategic move promises not only a secure and stable cash flow investment but also positions the property to capitalize on appreciative gains. Seize the chance to transform this property into a lucrative asset while contributing to its enduring appeal.

Investment Highlights

  • Exceptional Investment Prospect in Takoma Park, MD, Just Miles from Washington, DC. Explore this outstanding opportunity to acquire a value-add property.
  • The property features exclusively one-bedroom units, each measuring approximately 800 square feet. Furthermore, there exists a promising potential to enhance these units by adding an additional room
  • Collaborate with a motivated seller to unlock the full potential of this property. Don't miss the chance to capitalize on this unique investment in a prime location with room for strategic improvement

Exclusively Listed By

Multifamily

8314 Flower Ave

Listing Price: $1,014,000

Cap Rate
3.90%
Number of Units
6
GRM
11.32
Occupancy
83.3%
Price/Unit
$169,000
Price/Gross SF
$220.43
Gross SF
4,600

Investment Highlights

  • Exceptional Investment Prospect in Takoma Park, MD, Just Miles from Washington, DC. Explore this outstanding opportunity to acquire a value-add property.
  • The property features exclusively one-bedroom units, each measuring approximately 800 square feet. Furthermore, there exists a promising potential to enhance these units by adding an additional room
  • Collaborate with a motivated seller to unlock the full potential of this property. Don't miss the chance to capitalize on this unique investment in a prime location with room for strategic improvement

Investment Overview

8314 Flower Ave presents a compelling investment opportunity—a charming 6-unit apartment building nestled in the heart of Takoma Park, Montgomery County, Maryland. Originally constructed in 1941, with select units tastefully renovated between 2019 and 2023, this property boasts a mix of one studio and five one-bedroom, one-bathroom units across a generous 4,600 SF of gross building area. Notably, there exists a noteworthy value-add potential for savvy investors poised to enhance and remodel the final two units. This strategic move promises not only a secure and stable cash flow investment but also positions the property to capitalize on appreciative gains. Seize the chance to transform this property into a lucrative asset while contributing to its enduring appeal.

Exclusively Listed By

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