Briercrest Heights Apartments

Located in Jefferson, Maryland, a stable, low density submarket within Frederick County, this twenty four unit apartment complex benefits from limited new supply and strong long term tenant demand driven by its proximity to Frederick's employment base. The property sits along the Route 340 commuter corridor, providing efficient access to Frederick and the Washington, D.C. and Northern Virginia metro markets, positioning it to capture renters priced out of denser, higher cost areas.This investment is a core-plus value-add opportunity. It is a well positioned investment with strong in-place cash flow in the Frederick, Maryland submarket, a market known for its vibrancy and strong economic growth. This well maintained 22,272 square foot property was built in 1973 and offers twenty-four units with convenient access to major commuter routes. The property has strong bones with clear investment upside through a combination increasing the below-market in-place rents and unit and common area upgrades making it a great value-add investment. Its location along the Route 340 corridor provides efficient access to Frederick and the broader Washington, D.C. and Northern Virginia markets, enhancing its appeal to renters and investors alike. With its strong unit count, and strategic access to a growing regional market, this property presents an attractive prospect for investors looking to capitalize on rising demand for quality multifamily housing in Frederick County.