30-Unit Apartment
For Sale
Contact for pricing
206 Brookes Ave, Gaithersburg, MD 20877
Well-maintained 30-unit apartment community featuring one- and two-bedroom apartments and off-street parking.
Property Size26,769 SF
Days on Market104
Property Features for 206 Brookes Ave
General Information
Standard status
Active
Size
26,769 SF
Property subtype
Multifamily
Occupancy
95%
Additional Details
Multifamily Units
30
Amenities
No rent control - superior regulatory positioning
In-place rents slightly below market
Stable operations with professional management in place
Balanced unit mix with broad tenant appeal
Strong submarket fundamentals with no new supply pipeline
Proximity to major retail and lifestyle destinations
Convenient access to I-270 and regional transportation (Marc Train access)
Well-maintained asset with quality unit finishes
Building Details
Building Size
26,769 SF
Units
30
Listing Agency:
Marcus & Millichap - Washington, D.C.
Listed By:
John Slowinski · License #License(s): MD: 5002965, DC: SP200205349
(202) 536-3780
Source:
Marcusmillichap
Added: May 25
Changed: Aug 8
Last Checked: Sep 4 at 2:26AM
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 Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
Brookes Manor Apartments is a 30-unit multifamily community located at 206 Brookes Ave in Gaithersburg, Maryland. The property is comprised of multiple buildings totaling approximately 26,769 square feet and offers a balanced mix of one- and two-bedroom apartment homes, averaging approximately 750 square feet. The community is described as well maintained with quality finishes, off-street parking, and consistent professional management.
The property is situated within the City of Gaithersburg and, per the offering materials, is not subject to rent control like other jurisdictions within Montgomery County. The remarks also note strong in-place occupancy and current rents slightly below comparable properties, with an emphasis on stable operations and continued performance. Additionally, the location provides convenient access to I-270 and nearby regional employment centers, supporting long-term demand for the unit mix.
The property is situated within the City of Gaithersburg and, per the offering materials, is not subject to rent control like other jurisdictions within Montgomery County. The remarks also note strong in-place occupancy and current rents slightly below comparable properties, with an emphasis on stable operations and continued performance. Additionally, the location provides convenient access to I-270 and nearby regional employment centers, supporting long-term demand for the unit mix.
Key Highlights
- 30‑unit multifamily community in Gaithersburg, Maryland, within Montgomery County’s submarket.
- Approximately 26,769 SF across multiple buildings, with a balanced mix of 1- and 2‑bedroom apartments.
- Units average approximately 750 SF and are designed to support broad tenant demand.
Property Analytics
Property Profile
Current Use
Lease Details
30
Residential units
Location Intelligence
Trade Area within ½ mile
1,515
Businesses Nearby
Explore this area
Business Placement
Demographics for 20877, MD
37,577
Population
13,599
Households
2.8
Avg Household Size
36
Median Age
35%
College-Educated
76%
High-School Grad
5.6 sq mi
ZIP Area
6,710
Density / Sq Mi
$86,103
Median Household Income
$39,341
Median Earnings
$1,862
Median Rent
$462,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 30-unit apartment community featuring one- and two-bedroom apartments and off-street parking.
Where is this apartment building located?
The property is located at 206 Brookes Ave Gaithersburg, MD.
What are key features of this property?
This property features: 30‑unit multifamily community in Gaithersburg, Maryland, within Montgomery County’s submarket.; Approximately 26,769 SF across multiple buildings, with a balanced mix of 1- and 2‑bedroom apartments.; Units average approximately 750 SF and are designed to support broad tenant demand.
