5,466 Sqft Lot
5,466 Sqft Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Bewley Estates
MLS Listing ID MDPG2189374
Year Built 2006
Annual Tax Amount $8,350
Tax Year 2007
Lot Size 5,466 Sqft
Acres 0.13
Property Sub-Type Other
Source BRIGHT
Property Description
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.
Location
State MD
County Prince Georges
Zoning R55
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Other
Heat Source Electric
Exterior
Garage Spaces 4.0
Water Access N
Accessibility Other
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17212290104
Ownership Fee Simple
Special Listing Condition Standard
Schools and Properties Nearby
- 6
Beltsville Academy
Public | PK - 8
- 5
Adelphi Elementary School
Public | PK - 6
- 5
Cherokee Lane Elementary School
Public | KG - 6
- 5
University Park Elementary School
Public | PK - 6
- 5
Hollywood Elementary School
Public | PK - 5
- 4
Lewisdale Elementary School
Public | PK - 5
- 4
Mary Harris "Mother" Jones Elementary School
Public | PK - 5
- 4
Beacon Heights Elementary School
Public | PK - 6
- 3
Cool Spring Elementary School
Public | PK - 6
- 3
Rosa L. Parks Elementary School
Public | PK - 6
- 3
Paint Branch Elementary School
Public | PK - 6
- 3
Templeton Elementary School
Public | PK - 5
- 3
Berwyn Heights Elementary School
Public | PK - 6
- 1
Hyattsville Elementary School
Public | PK - 5
- 1
Riverdale Elementary School
Public | PK - 5
- 1
Springhill Lake Elementary School
Public | KG - 5
- 0
Edward M. Felegy Elementary School
Public | PK - 5
- 0
St Matthews Parish Day School
Private | PK - KG
- 0
Chelsea School
Private | 5 - 12
- 0
Greenwood School, Inc.
Private | PK - TKG
- 6
Greenbelt Middle School
Public | 6 - 8
- 5
Hyattsville Middle School
Public | 6 - 8
- 4
Buck Lodge Middle School
Public | 6 - 8
- 4
William Wirt Middle School
Public | 6 - 8
- 3
Nicholas Orem Middle School
Public | 6 - 8
- 0
Pathways School - Northwood at Hyattsville
Private | 7 - 12
- 0
College Park Academy
Public | 6 - 7
- 3
Northwestern High School
Public | 9 - 12
- 2
High Point High School
Public | 9 - 12
- 2
Parkdale High School
Public | 9 - 12
- 1
Northwestern Evening/Saturday High School
Public | 9 - 12
- 0
Dematha Catholic High School
Private | 9 - 12
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