Updated Dec 12, 2025
Affordable Homes & Communities And BrookWynn Capital Acquire 160-unit Multifamily In Silver Spring For $42.3M
8711 Georgia Avenue
$42,300,000
Units
160
Asset Type
MultiFamily
Closing
Dec 10, 2025
About this deal
AI
The asset involved in this transaction is a multifamily property located at 8711 Georgia Avenue in Silver Spring, MD. The sale price of the property was $42,300,000, consisting of 160 units, resulting in a price per unit of $264,375.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $42,300,000
- Address: 8711 Georgia Avenue
- Market: Silver Spring, MD
- Units: 160
- Price Per Unit: $264,375
- Buyer: Affordable Homes & Communities & BrookWynn Capital
- Seller: Anthony G. LaBarbera - Guardian Realty
This transaction involved a partnership of Affordable Homes & Communities and BrookWynn Capital, which purchased the Premier apartments and is set to convert 100 of the units into affordable housing while retaining all current residents in place.
On the Map
$42,300,000
MultiFamily
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Silver Spring MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93