Assignment
Contract Assignment · 3BR/2.0BA in Friendship Airport, MD | $300,000
7062 Friendship Road, Friendship Airport, MD · Listed Jan 2025
The seller hasn’t added photos yet
Property typeApartment
Units15
Living area37,072 sqft
Lot1.2 acres
Year built1972
About this deal
Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 7062 FRIENDSHIP ROAD, Friendship Airport, MD. Contract price $300,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.
The numbers
- Cap rate
- 6.7%
- Net operating income
- $12,384/yr
- Cash flow
- +$1,032/mo
- Occupancy
- 15 of 15 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.