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735 Sligo AvenueSilver Spring, MD 20910Price: $24,000,000

  • Price: $24,000,000
  • 14 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
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735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910735 Sligo Avenue Silver Spring MD 20910
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  • 3.28Acreage
  • 1959Year Built
  • DowntownLocationType
  • 133Price Per Square Foot
There are TWO Buildings here: The Barbizon with 74 Apartments, a Management Office, and circular driveway; The Dalton has 94 apartments and circular driveway sharing the management office with the Barbizon. Both buildings face Sligo Avenue. The apartments in both buildings are large, have concrete floors, laundry rooms on each floor of The Barbizon and two in The Dalton. Two entries into the property and three exits out of the property.
Listed by Arnold K Litman of Arnold Kronman Litman

Driving Directions

Railey Vacations

Your Local Office

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Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

More Info

Location Information

  • TopographyMostly level
  • UsmAreaSilver Spring

Parking

  • Parking TypesParking Lot, On Street

Basic Information

  • Date Listed07/01/2026

Location

  • Address735 Sligo Avenue
  • Building Number735
  • CountyMontgomery
  • DirectionsSouth on Georgia Ave, East on Sligo Avenue to subject properties
  • In City Limits YNYes
  • StateMD
  • TownSilver Spring
  • Zip20910

Interior

  • Clear Span Ceiling Height8' to 10'
  • Door FeaturesAtrium, Double Entry, ENERGY STAR Qualified Door(s), Six Panel, Sliding Glass
  • FlooringCarpet, Ceramic Tile, Concrete, Engineered Wood, Hardwood, Laminate Plank, Luxury Vinyl Tile, Partially Carpeted

Exterior

  • RoofAsphalt, Built-Up

Utilities

  • Central Air YNYes
  • CoolingCentral A/C, Convector, Other
  • Cooling FuelElectric
  • Electric100 Amp Service,120/240V
  • Heat SystemHot Water
  • Heating FuelNatural Gas
  • Heating YNYes
  • Internet ServicesCable
  • SewerPublic Sewer
  • UtilitiesAbove Ground, Cable TV, Electric Available, Phone Connected, Other
  • Water HeaterNatural Gas
  • Water SourcePublic

Basic Information

  • Broker NameArnold Kronman Litman
  • List Price$24,000,000
  • LocationTypeDowntown
  • MLS NumberMDMC2242282
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot133
  • Security FeaturesExterior Cameras, Fire Detection System, Carbon Monoxide Detector(s)
  • StatusACT
  • Units74

Property

  • Acreage3.28
  • Business TypeApartment Building
  • Lot Size SourceEstimated
  • Lot Size Square Feet143,051
  • New Construction YNN
  • Property ConditionExcellent
  • Property SubTypeFive Or More Units
  • Road Frontage Length150
  • Road ResponsibilityPublic
  • Road Surface TypeAccess - On Grade, Approved, Black Top, Concrete, Paved
  • ZoningR10

Amenities

  • Accessibility Amenities2+ Access Exits, 32"+ wide Doors, 48"+ Halls, Elevator

Other

  • Cap Rate6
  • Gross Income3592188
  • Operating Expense2122739
  • Operating Expense IncludesAdvertising, Electric, Heating/Cooling, Insurance, Landscaping, Management Fees, Pest Control, Repair/Maintenance, Sewer, Snow Removal, Trash, Water
  • Vacancy Allowance Rate2

Tax Information

  • Assessment Year2026
  • City Town Tax Payment FrequencyAnnually
  • County Tax$75,712
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$7,123,900
  • Tax Lot6
  • Tax Year2025
  • Taxes$81,121
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceEstimated
  • Building Area Total180000
  • Building PermitsOn Hand
  • Construction MaterialsBlock, Brick, Cast Iron Plumbing, Concrete, Copper Plumbing, CPVC/PVC, Galvanized Plumbing, Tile
  • Elevators1
  • Entry Level2
  • FoundationBrick/Mortar, Slab
  • Stories5
  • Total Garage And Parking Spaces178
  • Year Built1959
  • Year Built Effective2026

Legal

  • Front Foot Fee Payment FrequencyAnnually
  • LandusecodeM
  • PossessionCoin w/Sell Sett
  • Refuse Fee$2,543.38
  • Sale TypeStandard
  • Total Actual Rent3179474

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated July 14, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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