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7,000-Unit MD Multifamily Portfolio Hits Market

WASHINGTON, DC-Sources say the portfolio could sell at roughly $85,000 to $100,000 per unit.

By Erika Morphy | Updated on July 03, 2007

(Read more on the multifamily market.)

WASHINGTON, DC-Sawyer Realty Holdings, a Needham, MA-based firm, has flooded the Washington, DC-Baltimore Corridor multifamily market with some 7,000 units for sale. The portfolio consists of 20 properties throughout the region. Nine of the properties are in suburban Washington’s Prince Georges County, MD; 10 are in Baltimore County and one in Baltimore city.

CB Richard Ellis’ Bill Roohan, Mike Muldowney, Andrew Boyer, Michael Rudolph and Brian Margerum are the marketing agents. Offers are due July 17. Once the offers are in, CBRE will be providing tours to interested buyers.

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