7 Beds
4 Baths
2,500 SqFt
7 Beds
4 Baths
2,500 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $860
Lot Size 5,466 Sqft
MLS Listing ID MDPG2190592
Style Split Level,Contemporary
Subdivision Bewley Estates
Bedrooms 7
Full Baths 3
Half Baths 1
Short Sale No
HOA Y/N N
Originating MLS 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
Rooms
Basement Fully Finished
Main Level Bedrooms 1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Other
Heat Source Electric
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility Other
Parking Type Driveway
Building
New Construction N
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Split Level, Contemporary
Story 3
Additional Building Above Grade
Schools
School District Prince George'S County Public Schools
Others
Senior Community No
Tax Amount $8,350
Tax Year 2007
Tax ID 17212290104
Ownership Fee Simple
SqFt Source 2500
Special Sale Standard
