16708 FREDERICK RD

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16708 FREDERICK RD

MOUNT AIRY, MD 21771
Asking Price
$775K
Cap Rate
7.31%
Asset Type
Single Family Rental Portfolio Retail
Class
Class B

What's Special

Mt. Airy Investment Portfolio - Mixed-use assemblage comprising four income-producing units <ul><li>​<ul><li>​Mixed-use portfolio with diversified income — residential and commercial tenancy under single ownership</li><li>​100% occupied, four units generating $74,160/yr gross rental income</li><li>​Below-market rents across all units — minimum $20,400/yr upside through mark-to-market adjustments</li><li>​Auto repair shop lease expired March 2026 — tenant on month-to-month, rent reset available immediately from $1,800/mo to est. $2,500/mo (39% increase)</li><li>​Garage currently at $7.8

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NOI
$80,000
Cap Rate
10.32%
DSCR
1.74
Strong
Cash-on-Cash
14.62%
Monthly Payment
$3,833.782
Annual Cash Flow
$33,994.611

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