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130 Lubrano Dr
Annapolis, MD 21401

Conte Lubrano Apartments · Multifamily Property For Sale · 72 Units

Investment Highlights

  • Brick, Block and Steel Construction. Great proximity to DC and Baltimore

PROPERTY FACTS

No. Units 72
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class A
Lot Size 2.45 AC
Building Size 102,910 SF
Average Occupancy 100%
No. Stories 5
Year Built 2004
Parking Ratio 0.88/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Washer/Dryer
  • Refrigerator
  • Walk-In Closets
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Business Center
  • Fitness Center
  • Sauna
  • Spa
  • Tanning Salon
  • Elevator

About 130 Lubrano Dr , Annapolis, MD 21401

The Conte-Lubrano Building is a mixed-use 5-story apartment and office building built in 2004. Occupancy is historically stabilized at 97- 100%. This is a class A property and, due to design , construction and location will likely maintain a stabilized occupancy into the future. The Conte-Lubrano Building was constructed as a 72-unit Multifamily apartment building. During lease-up the first floor and part of the second floor was leased to office tenants. Currently the building has 52 residential apartments and 20 office suites. Each apartment and office suite has a spacious balcony. Each apartment includes its own stackable washer/dryer. Other building amenities include an inground swimming pool, locker rooms, sauna, fitness center and a large community/activity room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 $26.00 440
1+1 21 $24.00 558 - 619
2+2 25 $15.50 1,181 - 1,360
2+2 2 $12.00 1,590
1+1 20 $16.50 1,250 - 4,905

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-000-90093557
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$12,919,767

zoning

Zoning Code C2 (Commercial)
C2 (Commercial)
  • Listing ID: 15215390

  • Date on Market: 2/19/2019

  • Last Updated:

  • Address: 130 Lubrano Dr, Annapolis, MD 21401

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