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Eight-Property Multifamily Portfolio
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8602 Welbeck Way, Montgomery Village, MD 20886

Portfolio of residential rental assets in a planned Montgomery Village community with month-to-month lease terms.

Property SizeContact for details
Days on Market144

Property Features for 8602 Welbeck Way

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 8
Listing Agency: CENTURY 21 NEW MILLENNIUM
Listed By: Joe Okon · License #DC BR98371289
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:11PM

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 CENTURY 21 NEW MILLENNIUM

Investment Insights

Based on property information with market context.

This multifamily portfolio includes eight residential properties distributed throughout Montgomery Village, Maryland. The assets are individual residential properties rather than a single apartment building, and the leases are structured on a month-to-month basis. Property-level information is provided separately for each address.

The portfolio is positioned within Montgomery Village, a planned community in Montgomery County. The properties are minutes from I-270 and near the Shady Grove Metro station, with shopping, museums, theaters, historic monuments, and other community amenities in the surrounding area. The included addresses are 8602 Welbeck Way; 18630, 18806, and 18908 Walkers Choice Road; 18916 and 18917 Smoothstone Way; and 18917, 18923, and 19116 Mills Choice Road, Montgomery Village, MD 20886.

Key Highlights

  • Eight residential properties assembled in one Montgomery Village multifamily portfolio
  • Month‑to‑month lease structure across the portfolio
  • Properties located in Montgomery Village, a planned community in Montgomery County

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Parking Lot & Garage Hair Salon

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

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby

Demographics for 20886, MD

35,649
Population
13,024
Households
2.7
Avg Household Size
36
Median Age
43%
College-Educated
88%
High-School Grad
4.1 sq mi
ZIP Area
8,695
Density / Sq Mi
$98,767
Median Household Income
$48,530
Median Earnings
$1,863
Median Rent
$366,400
Median Home Value

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?
Multifamily property - Portfolio of residential rental assets in a planned Montgomery Village community with month-to-month lease terms.
Where is this multifamily property located?
The property is located at 8602 Welbeck Way Montgomery Village, MD.
What are key features of this property?
This property features: Eight residential properties assembled in one Montgomery Village multifamily portfolio; Month‑to‑month lease structure across the portfolio; Properties located in Montgomery Village, a planned community in Montgomery County
(571) 481-1037 Call to check price and availability
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