2428 Corning Ave | Fort Washington, MD 20744
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2428 Corning Ave
Fort Washington, MD 20744
Langdon Park At Fort Washington · Multifamily Property For Sale · 252 Units
Investment Highlights
- Value Add Opportunity
- Glen Rock Landing has been well-maintained and was previously institutionally owned in the mid 2000’s.
- Close proximity to major interstates and Branch Avenue Metro Station
- Standard unit rents are more than $330 below competitive properties in the submarket
- Large stand-alone clubhouse including fitness center and pool facilities
PROPERTY FACTS
| No. Units | 252 | Building Size | 249,500 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1965/2005 |
| Building Class | B | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 12.59 AC |
| No. Units | 252 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 12.59 AC |
| Building Size | 249,500 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2005 |
| Parking Ratio | 1.32/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Washer/Dryer
- Heating
- High Speed Internet Access
- Refrigerator
- Walk-In Closets
- Carpet
- Patio
- Wheelchair Accessible (Rooms)
Site Amenities
- Clubhouse
- Fitness Center
- Playground
- Pool
- Corporate Suites
- Multi Use Room
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 115 | $1,158 | 710 - 820 |
| 2+1 | 125 | $1,390 | 850 - 960 |
| 3+2 | 12 | $1,608 | 960 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $34,837,800 | |
| Land Assessment | $5,485,300 | Total Assessment | $40,323,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,485,300
Improvements Assessment
$34,837,800
Total Assessment
$40,323,100
zoning
| Zoning Code | R-18 |
| R-18 |
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