Renovated 26-Unit Apartment
For Sale
Contact for pricing
26040 Woodfield Rd, Damascus, MD 20872
Fully renovated in 2021, the property combines apartment units with retail space.
Property Size23,600 SF
Lot Size1.00 Acre
Days on Market141
Property Features for 26040 Woodfield Rd
General Information
Standard status
Active
Size
23,600 SF
Net Rentable
20,164 SF
Lot size
1.00 Acre
Property subtype
Multifamily
Units
Unit Mix
24 x 3BR/1BA, 2 x efficiency
Multifamily Units
26
Building Details
Year Built
1958
Year Renovated
2021
Buildings
2
Listing Agency:
Tranzon Key
(703) 539-8111
Listed By:
Jeffrey Stein · License #MD 5422
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 2:15AM
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 Tranzon Key
Investment Insights
Based on property information with market context.
Perrywood Apartments is a 26-unit multifamily property at 26040 Woodfield Rd in Damascus, Maryland. The improvements include 24 three-bedroom, one-bath apartments, two efficiency units, and approximately 1,400 square feet of retail area distributed across two buildings. Total gross building area is 23,600 square feet, with 20,164 square feet of net rentable area on a 1-acre parcel.
Constructed in 1958 and fully renovated in 2021, the property includes a commercial component alongside its residential units. A November 2023 rent roll cited in a 2024 appraisal reflected full occupancy, with parking generating additional rental income. The property is identified by Parcel ID 161200925498.
Constructed in 1958 and fully renovated in 2021, the property includes a commercial component alongside its residential units. A November 2023 rent roll cited in a 2024 appraisal reflected full occupancy, with parking generating additional rental income. The property is identified by Parcel ID 161200925498.
Key Highlights
- 26 total units: 24 three‑bedroom, one‑bath apartments and 2 efficiency units
- 23,600 square feet of gross building area and 20,164 square feet of net rentable area
- Approximately 1,400 square feet of retail space across 2 buildings
Property Analytics
Property Profile
Current Use
Lease Details
26
Residential units
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Explore this area
Business Placement
Demographics for 20872, MD
13,349
Population
4,850
Households
2.8
Avg Household Size
39
Median Age
47%
College-Educated
93%
High-School Grad
19.9 sq mi
ZIP Area
671
Density / Sq Mi
$132,804
Median Household Income
$61,547
Median Earnings
$1,675
Median Rent
$478,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated in 2021, the property combines apartment units with retail space.
Where is this apartment building located?
The property is located at 26040 Woodfield Rd Damascus, MD.
What are key features of this property?
This property features: 26 total units: 24 three‑bedroom, one‑bath apartments and 2 efficiency units; 23,600 square feet of gross building area and 20,164 square feet of net rentable area; Approximately 1,400 square feet of retail space across 2 buildings
