310 Main Street

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310 Main Street

Marydel, MD 21649
Asking Price
$530K
Cap Rate
11.44%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Marydel
  • Asset features a high cap rate of 11.44 percent
  • Property currently benefits from established long-term residential tenants
  • Large parking lot included on the parcel for site use
  • Priced at 529900 dollars for the total property interest

What's Special

This multifamily apartment building occupies a site at 310 Main Street in Marydel, Maryland. The property operates as a mixed-use asset and currently maintains a base of long-term tenants. Investors will note the inclusion of a substantial parking lot, which adds functional utility to the site layout. Marydel remains a steady suburban market, providing a quiet setting for residents while remaining accessible to the broader regional corridor. Given the established tenancy and the nature of the improvements, this asset is positioned for buyers seeking a stabilized multifamily investment. The current cap rate of 11.44% reflects the income-producing potential of the site for an owner-operator or portfolio addition. The flexible configuration allows for continued residential use while maintaining the current mixed-use utility.

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NOI
$80,000
Cap Rate
15.10%
DSCR
2.54
Strong
Cash-on-Cash
30.53%
Monthly Payment
$2,621.656
Annual Cash Flow
$48,540.127

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