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High-Rise Multifamily Community
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3901 Suitland Road, Suitland, MD 20746

284-unit high-rise with recent elevator, HVAC, and unit and common area improvements in the Washington, D.C. metro area.

Property Size277,234 SF
Days on Market95

Property Features for 3901 Suitland Road

General Information

Standard status Active
Size 277,234 SF
Class B
Property subtype Multi-Family

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 284

Building Details

Year Built 1970

Properties For Sale

at 3901 Suitland Road Contact us

Available Space

Suite
284
Size
277,234 SF
Availability
Sale
Contact us
Listing Agency: Transwestern | Mid-Atlantic
Listed By: Robin Williams
Source: Transwestern
Added: Jun 11 Changed: Aug 25 Last Checked: Sep 13 at 3:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Transwestern | Mid-Atlantic

Investment Insights

Based on property information with market context.

Ashton Heights is a 284-unit high-rise apartment community offered for sale in the Washington, D.C. metro area. The property has recently completed high-cost capital improvements intended to prepare the asset for acquisition, including unit renovations, elevator replacement, and HVAC upgrades that also include plumbing. In addition, common area and amenity improvements have been completed, supporting an updated resident environment throughout the building.

The community is described as being ideally situated in the Suitland submarket, with convenience to the Washington, D.C.–Maryland border. Access and connectivity are highlighted by proximity to Pennsylvania Avenue, Suitland Parkway, and the Capital Beltway (I-495/I-95). The remarks also note nearby accessibility to the Suitland and Naylor Road METRO Stations.

This offering is positioned for buyers seeking a renovated, turnkey high-rise multifamily asset with documented building systems and amenity-focused updates. With renovations to units, replacement of the elevator, and HVAC upgrades including plumbing, the property may be a strong fit for investors and operators evaluating opportunities to acquire and run a larger-scale apartment community in a well-connected submarket.

Key Highlights

  • 284‑unit high‑rise apartment building in the Washington, D.C. metro area
  • Year built: 1970
  • Recent elevator replacement completed as part of high‑cost capital improvements

Property Analytics

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Current Use

Ashton Heights Apartments Real Estate Agency Kacid Community Development ... Charitable Organization Twinkils Treats (Bike/Boat/Book/etc) Store Stasia Chase Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

284
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby

Demographics for 20746, MD

31,635
Population
14,075
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
93%
High-School Grad
7.6 sq mi
ZIP Area
4,163
Density / Sq Mi
$78,391
Median Household Income
$54,930
Median Earnings
$1,735
Median Rent
$325,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 284-unit high-rise with recent elevator, HVAC, and unit and common area improvements in the Washington, D.C. metro area.
Where is this apartment building located?
The property is located at 3901 Suitland Road Suitland, MD.
What are key features of this property?
This property features: 284‑unit high‑rise apartment building in the Washington, D.C. metro area; Year built: 1970; Recent elevator replacement completed as part of high‑cost capital improvements
More about this property
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