Log In/Sign Up
Your email has been sent.
Charlestowne North 8150 Lakecrest Dr 178 Unit Apartment Building For Sale Greenbelt, MD 20770
Executive Summary
Transwestern’s Mid-Atlantic Multifamily Group, as exclusive agent, is pleased to offer an opportunity to acquire Charlestowne North (the “Property”), a 178-unit high-rise with significant “value-add” opportunities ideally situated in the Greenbelt submarket in the Washington, DC metro area. The exceptional location known as a “hidden gem” overlooking a park-adjacent setting, with close proximity and connectivity to the capital beltway, I-95, and downtown Washington, DC, with major entertainment, employment and higher education centers in the area as well as to the Greenbelt Metro and MARC train station. Charlestowne North is currently owned by the lender and has had significant high-cost capital improvements completed to prepare the asset for sale including unit renovations, elevator modernization, HVAC upgrades to include plumbing, common area and amenity improvements.
Property Facts
| Sale Type | Investment | Lot Size | 5.52 AC |
| No. Units | 178 | Building Size | 229,210 SF |
| Property Type | Multifamily | Average Occupancy | 62% |
| Property Subtype | Apartment | No. Stories | 8 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1965/2019 |
| Building Class | B | Parking Ratio | 1.23/1,000 SF |
| Zoning | RMF20 | ||
| Sale Type | Investment |
| No. Units | 178 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 5.52 AC |
| Building Size | 229,210 SF |
| Average Occupancy | 62% |
| No. Stories | 8 |
| Year Built/Renovated | 1965/2019 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | RMF20 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Walk-In Closets
- Carpet
Site Amenities
- Clubhouse
- Fitness Center
- Laundry Facilities
- Tennis Court
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | - | 500 |
| 1+1 | 119 | - | 650 - 750 |
| 2+1.5 | 1 | - | 800 |
| 2+2 | 43 | - | 825 - 950 |
1 1
Property Taxes
| Parcel Number | 21-2294742 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $42,653,374 CAD |
Property Taxes
Parcel Number
21-2294742
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$42,653,374 CAD
Contacts
-
Robin Williams -
Dean Sigmon -
Michael D'Amelio -
Transwestern Real Estate Services
1 of 65
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Charlestowne North | 8150 Lakecrest Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.