Multi-Housing

Mallory Square-HFF-122153

15251 Siesta Key Way Rockville, Maryland United States 20850-5501
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2015
Building Area
Number of units 365

Property Description

365-unit class A community centrally located in the rapidly developing I-270 Biotech & Life Sciences Corridor.

Investment Highlights

  • Stable investment market & asset poised for rental growth
  • Located in the heart of the I-270 Biotech Corridor
  • Very limited future supply in the submarket (512 units) creating strong demand to supply imbalance and outsized rent growth
  • Ideal resident demographics median household income of $108k
  • Proximity to key demand drivers walkable to Downtown Crown & Rio Washingtonian Center (870,000 sf of retail)


Last Updated Date: 20 Jan 2021
Walter Coker
Walter Coker
Managing Director, Capital Markets
License details
DC-SP98361589 MD-524884 VA-0225092459
+34910602617
Brian Crivella
Brian Crivella
Managing Director, Capital Markets
License details
DC-SP98368957 MD-634831 VA-0225188521
+34910602617
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Last Updated Date: 20 Jan 2021

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