Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2006
Sq.Footage
N/A
PORTFOLIO SALE – LIST PRICE REFLECTS THREE PROPERTIES. Rare opportunity to acquire a fully stabilized 18-bed student housing portfolio located minutes from the University of Maryland, College Park. This listing is anchored at 4702 N. Tecumseh St for MLS purposes and represents the collective sale of three single-family properties operated together as a student housing portfolio. The portfolio consists of the following addresses: • 4702 N. Tecumseh St, College Park, MD - 7 Bedrooms / 4 Bathrooms • 8102 Ash Ave, College Park, MD - 6 Bedrooms / 3 Bathrooms • 8804 35th Ave, College Park, MD - 5 Bedrooms / 2 Bathrooms These properties have been operated as student housing for 15+ years with a proven track record of consistent demand, strong rent collections, and parent-guaranteed leases. All leases follow an academic-year cycle (August–July), allowing for annual rent resets and predictable leasing performance. The portfolio is currently producing strong in-place income with immediate upside through lease-up of remaining beds, bringing the portfolio to full stabilization. At stabilized occupancy, the asset underwrites to approximately a 5.3% cap rate, reflecting the stability, durability, and turnkey nature of this investment. Offered as a true turnkey acquisition, the sale includes established operating systems, leasing processes, and experienced property management in place, allowing a new owner to step in with minimal transition friction. This opportunity is ideally suited for investors seeking long-term, enrollment-driven cash flow in a supply-constrained university market. Portfolio sale only.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other, Electric
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
Garage, Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.13
-
Property Type
Commercial Sale
Price
-
Sales Price
$2,150,000
-
Tax Amount
8350.5
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
P
-
Water Source
Public
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Location
County
PRINCE GEORGES
Elementary School
Middle School
High School
Listing Courtesy of OMER Muktar RESHID , Real Broker, LLC - Gaithersburg
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