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Marcus & Millichap Sells Arcadian House Multifamily Property In Bladensburg Maryland For $2.6M

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SOLD
$2,600,000

Maryland

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MultiFamily
Sold 01/02/2026
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Property Image
SOLD

Marcus & Millichap Sells Arcadian House Multifamily Property In Bladensburg Maryland For $2.6M

3901 53rd Street

See Similar Deals
MultiFamily
Sold 01/02/2026
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Summary

MARYLAND
Asset Type:MultiFamily
Transaction Type:Sale

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:

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

Marty Zupancic
17 deals$127M volume
BROKER

John Slowinski
Marcus & Millichap
8 deals$29.7M volume
BROKER

Ryan Murray
Marcus & Millichap
8 deals$35.6M volume(301) 404-7965
BROKER

Details

SOLD
IMAGE: 01/02/2026 ADDRESS: 3901 53rd Street MARKET: Bladensburg, MD ASSET TYPE: MultiFamily SELLER: Olympia Investments BROKERS: Ryan Murray, John Slowinski & Marty Zupancic - Marcus & Millichap SALE PRICE: $2,600,000 UNITS: 28 ~ PPU: $92,857 NOTE: Marcus & Millichap sold Arcadian House, a 28-unit multifamily property in Maryland, for $2.6M, completing the family's eight-property portfolio through a complex Chapter 11 bankruptcy process. The deal was managed alongside three buyers, with the firm leveraging its expertise in distressed asset dispositions amid ongoing market challenges.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$138,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,325.33
Annual Debt Service$147,903.92