Property profile

221 Booth St Gaithersburg, MD 20878

OFF-MARKET
Apartment buildings
Property ID
US40-2387744
87,515 SF 3.98 ac lot Built 1998
Entity Owned 19-yr Hold
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Year built 1998
Construction BRICK
Total area 87,515 SF
Lot 3.98 ac (173,426 SF)
Zoning code MXD
APN 09-03201473
UPID US40-2387744

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

221 Booth St Gaithersburg, MD 20878-5463
Gaithersburg metro Census 700826 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.46M
Blend (final) Blend
$12.74M

Owner & transaction history

since 2007
5 recorded transactions
2007
$34.2M
2004
$24.9M
1997
$2.1M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MXD · Gaithersburg, MD
Zoning description

The purpose of MXD zone is to provide a more flexible approach to the comprehensive design and development of multi use projects

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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