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Multifamily

Brookes Manor Apartments

206 Brookes Ave, Gaithersburg, MD 20877

Listing Price: Request For Offer

Number of Units
30
Occupancy
95.0%
Gross SF
26,769

Investment Overview

Marcus & Millichap is pleased to present Brookes Manor Apartments, a 30-unit multifamily community located in Gaithersburg, Maryland, within the highly desirable Montgomery County submarket. Gaithersburg, Maryland is one of the region's most desirable multifamily markets. The location within the City of Gaithersburg is also unique as it is not subject to rent control like other cities within Montgomery County, creating unique upside for investors. The offering presents a compelling opportunity to acquire a well-maintained, professionally managed asset with stable operations and a clear path to continued rent growth. Brookes Manor consists of approximately 26,769 square feet across multiple buildings and features a balanced unit mix of one- and two-bedroom apartments averaging approximately 750 square feet, supporting broad tenant demand. The property benefits from strong in-place occupancy, quality finishes, off-street parking, and consistent ownership oversight. Current rents are slightly below comparable properties, providing immediate organic upside without the need for a heavy capital program. With limited new supply in the surrounding area, proximity to major retail corridors, and convenient access to I-270 and regional employment centers, Brookes Manor is well positioned to deliver stable cash flow and long-term performance.

Investment Highlights

  • No rent control - superior regulatory positioning
  • In-place rents slightly below market
  • Stable operations with professional management in place
  • Balanced unit mix with broad tenant appeal
  • Strong submarket fundamentals with no new supply pipeline
  • Proximity to major retail and lifestyle destinations
  • Convenient access to I-270 and regional transportation (Marc Train access)
  • Well-maintained asset with quality unit finishes

Exclusively Listed By

  • John Slowinski

    Associate Director Investments

    (202) 536-3780

    Email John

    License(s): MD: 5002965, DC: SP200205349

    Washington, D.C.

  • Marty Zupancic

    Senior Managing Director Investments

    (202) 536-3788

    Email Marty

    License(s): MD: 631902, VA: 0225 187032, DC: SP98368225

    Washington, D.C.

Multifamily

Brookes Manor Apartments

Listing Price: Request For Offer

Number of Units
30
Occupancy
95.0%
Gross SF
26,769

Investment Highlights

  • No rent control - superior regulatory positioning
  • In-place rents slightly below market
  • Stable operations with professional management in place
  • Balanced unit mix with broad tenant appeal
  • Strong submarket fundamentals with no new supply pipeline
  • Proximity to major retail and lifestyle destinations
  • Convenient access to I-270 and regional transportation (Marc Train access)
  • Well-maintained asset with quality unit finishes

Investment Overview

Marcus & Millichap is pleased to present Brookes Manor Apartments, a 30-unit multifamily community located in Gaithersburg, Maryland, within the highly desirable Montgomery County submarket. Gaithersburg, Maryland is one of the region's most desirable multifamily markets. The location within the City of Gaithersburg is also unique as it is not subject to rent control like other cities within Montgomery County, creating unique upside for investors. The offering presents a compelling opportunity to acquire a well-maintained, professionally managed asset with stable operations and a clear path to continued rent growth. Brookes Manor consists of approximately 26,769 square feet across multiple buildings and features a balanced unit mix of one- and two-bedroom apartments averaging approximately 750 square feet, supporting broad tenant demand. The property benefits from strong in-place occupancy, quality finishes, off-street parking, and consistent ownership oversight. Current rents are slightly below comparable properties, providing immediate organic upside without the need for a heavy capital program. With limited new supply in the surrounding area, proximity to major retail corridors, and convenient access to I-270 and regional employment centers, Brookes Manor is well positioned to deliver stable cash flow and long-term performance.

Exclusively Listed By

  • John Slowinski

    Associate Director Investments

    (202) 536-3780

    Email John

    License(s): MD: 5002965, DC: SP200205349

    Washington, D.C.

  • Marty Zupancic

    Senior Managing Director Investments

    (202) 536-3788

    Email Marty

    License(s): MD: 631902, VA: 0225 187032, DC: SP98368225

    Washington, D.C.

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