Updated Jan 2, 2026
Marcus & Millichap Sells Arcadian House Multifamily Property In Bladensburg Maryland For $2.6M
3901 53rd Street
$2,600,000
Units
28
Asset Type
MultiFamily
Closing
Jan 2, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 3901 53rd Street in Bladensburg, MD. The sale price for this 28-unit property was $2,600,000, translating to a price per unit of $92,857.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $2,600,000
- Units: 28
- Price Per Unit: $92,857
- Seller: Olympia Investments
- Brokers: Ryan Murray, John Slowinski & Marty Zupancic - Marcus & Millichap
- Date of Sale: 01/02/2026
The transaction was part of a complex Chapter 11 bankruptcy process, finalizing the sale of a portfolio consisting of eight properties. Marcus & Millichap managed the deal along with three buyers, showcasing their expertise in handling distressed asset dispositions amidst market challenges.
Players
Bladensburg MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93