MULTIFAMILY - 12 UNITS

45495 WESTMEATH WAY Great Mills, MD 20634

45495 WESTMEATH WAY , Great Mills, MD, 20634
45495 WESTMEATH WAY , Great Mills, MD, 20634 45495 WESTMEATH WAY , Great Mills, MD, 20634 45495 WESTMEATH WAY , Great Mills, MD, 20634 45495 WESTMEATH WAY , Great Mills, MD, 20634
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$2,250,000
Last Verified:
Jul 11, 2021

Highlights

  • 11 - 2BR Units, 1- 1BR Unit
  • 100% occupancy, no concessions through 2020
  • Garage Parking with elevator access
  • Balconies, fireplaces, laundry in units
  • Project amenities include pool, clubhouse, fitness, courts
  • Hassle free investment - professional management team in place
  • NOI - $125,224

Description

Investment Sale - Building consisting of 12 units located in Southern Maryland, St. Mary's County, close to Patuxent Naval Air Base. This building has been managed and leased as a multifamily rental within Westmeath Condominium Association which offers residents amenities including a clubhouse, pool, fitness center, lighted tennis courts, playground, and garage parking in the building. The rental units feature fireplaces, balconies, washer/dryer, and elevator access to garage. The occupancy and rent collections were consistent and current during 2020 with no vacancy or concessions. Strong tenancy and increasing rents. Common areas, building exterior, roof and amenities maintained by the assocation. Passive investment, hassle free oversight with management and leasing in place.

Southern Maryland
St Mary's County


Year Built: 2006
Building Size: 12979sq ft
Lot Size: 0 acres

Map of 45495 WESTMEATH WAY , Great Mills, MD, 20634

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