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7310 Columbia Ave
College Park, MD 20740 Old Town Hyattsville

$1,750,000 USD

Apartments For Sale  •  7,468 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,468 SF
  • Lot Size 0.63 AC
  • Building Class C
  • Year Built 1985
  • Cap Rate 7.00 %
  • Zoning R18
62 Transit Score
65 Walk Score

Highlights

A Ten Unit Building Featuring Recently Updated One-Bedroom (4) and Two-Bedroom Units (6)
Fully Occupied Units in a Low Vacancy Submarket. Immediate Cash Flow with a 7.00% CAP Rate
Exceptional Transit Access with the College Park Metro Station Directly Across the Street and close proximity to 495 and Route 1
Located Minutes from the University of Maryland, Driving Consistent Rental Demand
Submarket Experiencing One of Its Largest Construction Cycles, with Institutional Anchors and Transit Accessibility Driving Tenant Absorption and Rent
Cap Rate: 7.00 %

Public Transportation

Commuter RailDriveWalkDistance
College Park Marc Sb (CAMDEN - WASHINGTON - Maryland Transit Administration) 0 min 2 min 0.1 mi
College Park Marc Nb (CAMDEN - WASHINGTON - Maryland Transit Administration) 1 min 4 min 0.2 mi
Transit/SubwayDriveWalkDistance
College Park-U Of Md, Green/Yellow Line Center Platform (Metrorail Green Line - WMATA) 0 min 2 min 0.1 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 27 min - 14.0 mi
Baltimore/Washington International Thurgood Marshall 41 min - 24.4 mi
Washington Dulles International 60 min - 36.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Surface
Included in Rent: Yes
Lorenzo Wooten 202-536-3742 Marcus & Millichap
Lorenzo Wooten 202-536-3742 Marcus & Millichap