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House
·
for sale
USD 774,900
USD 90/sq.ft
16700 Frederick Rd, Mount Airy, MD 21771 | MLS #MDHW2067
Village of Tall Oaks
· 8,557 sq.ft · 8 Bedrooms · 6 Baths · House
· Parking
Village of Tall Oaks · 8,557 sq.ft · 8 Bedrooms · 6 Baths · House · Parking
Multiple lois received, highest and best due monday 5u002f11 @ 5pm the mt. Airy Investment Portfolio is a mixed-use assemblage comprising four income-producing units located at 16700–16- Frederick Road (Route 144) in Mt. Airy, Maryland. The portfolio consists of a single-family residence, a residential duplex, and a commercial auto repair shop with associated garage and gravel lot — all situated along the Frederick Road corridor with direct access to I-70. The property is 100% occupied and generates $74,160 in current gross rental income. However, rents across all units are materially below market, presenting an immediate mark-to-market opportunity of at least $20,400 annually upon lease rollover. All tenants are currently on monthly renewals, offering a near-term rent reset event. This offering represents a compelling blend of stabilized cash flow and clearly identifiable value-add upside for investors seeking small-balance mixed-use portfolios in growing suburban Maryland markets. Te
Multiple lois received, highest and best due monday 5u002f11 @ 5pm the mt. Airy Investment Portfolio is a mixed-use assemblage comprising four income-producing units located at 16700–16- Frederick Road (Route 144) in Mt. Airy, Maryland. The portfolio consists of a single-family residence, a residential duplex, and a commercial auto repair shop with associated garage and gravel lot — all situated along the Frederick Road corridor with direct access to I-70. The property is 100% occupied and generates $74,160 in current gross rental income. However, rents across all units are materially below market, presenting an immediate mark-to-market opportunity of at least $20,400 annually upon lease rollover. All tenants are currently on monthly renewals, offering a near-term rent reset event. This offering represents a compelling blend of stabilized cash flow and clearly identifiable value-add upside for investors seeking small-balance mixed-use portfolios in growing suburban Maryland markets. Te
USD 774,900