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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.