The Offering

Summary

  • List Price $3,195,000
  • Combined Number of Units 19
  • Combined Unit Mix 8 - 1BR/1BA, 8 - 1BR/1BA+Porch, 3 - 2BR/1BA
  • Combined Gross Building Area 19,044 SF
  • Combined Gross Rentable Area 14,050 SF
  • Occupancy 100%

Investment Summary

Feldman Ruel is pleased to exclusively offer for sale three contiguous well-maintained multifamily properties on a quiet cul-de-sac in Downtown Silver Spring, Maryland. The subject properties are available as two separate opportunities (8201 Schrider Street & 8207-8209 Schrider Street) or as an assemblage, and feature a favorable unit mix. 8201 Schrider Street is an 11-unit property comprised of one- and two-bedroom units, along with on-site laundry, tenant storage, and workshop space for maintenance personnel. 8207 and 8209 Schrider Street have 8 units in total, each consisting of four one-bedroom units with private screened-in porches. Situated within walking distance of Downtown Silver Spring and all its amenities, the subject properties offer convenient access to restaurants, entertainment venues, grocery stores, the Silver Spring Library, and Veterans Plaza. The location also provides connectivity to the Sligo Creek Trail, the Washington Metrorail Red Line via the Silver Spring Metrorail station, the Silver Spring MARC station, and the future Purple Line station, currently scheduled to open in 2027.

Investment Highlights

• 3 Contiguous Properties | Available Together or as 11-Unit and 8-Unit Offerings

• 8201 Schrider St | 11 Units | 8 - 1BR/1BA & 3 - 2BR/1BA | $1,849,735

• 8207-8209 Schrider St | 8 Units + Garage | 8 - 1BR/1BA+Porch | $1,345,265
• Well Maintained by Same Owner for 24 Years | Significant Recent Capital Improvements

• Less than 1 Mile from Downtown Silver Spring Amenities and Public Transit

Listing Agents

LaMarr Datcher

LaMarr Datcher

Brandon Cardwell

Brandon Cardwell

Investment Associate
Feldman Ruel