Looking for a similar property?

This property has sold. Roberto Gonzalez can help you explore other commercial and multifamily opportunities in Hagerstown.

SOLD · Closed July 3, 2024 for $1,900,000 · Buyer and seller represented

15149 Bloyers Ave: a completed 17-unit multifamily sale

RG Realty Inc. represented both the buyer and seller in the sale of 15149 Bloyers Avenue in Hagerstown, Maryland. The $1.9 million transaction combined 16 apartments and a four-bedroom single-family home in one 17-unit investment property.

Closing details

Address: 15149 Bloyers Ave, Hagerstown, MD 21740
Closing date: July 3, 2024
Sale price: $1,900,000
Total residential units: 17
Average closing price per unit: approximately $111,765
Representation: Buyer and seller represented by RG Realty Inc.

Unit mix

8 two-bedroom apartments, each with one bathroom
8 one-bedroom apartments, each with one bathroom
1 single-family home with four bedrooms and two bathrooms

The per-unit figure is the total sale price divided by 17. It is a portfolio-wide average, not an individual valuation of an apartment or the single-family home.

Property improvements described at the time of sale

The historical listing described renovations to interiors and exterior infrastructure, including metal roofing, updated kitchens, flooring and lighting, a new septic system, landscaping and parking-lot paving. These details provide context for the property as marketed for the completed transaction.

Experience with larger multifamily properties

This closing demonstrates RG Realty’s experience with apartment-complex transactions beyond duplexes and smaller rental properties. A property combining apartments and a single-family home calls for attention to the different unit layouts, operating costs and maintenance needs within the investment.

This page records a completed sale. The confirmed closing price was $1,900,000; the earlier $2,000,000 figure was the historical asking price. The property is not being offered for sale through this case study.