Find market-rate rental properties in Prince George's County, MD with 200 or more units whose latest sale was between January 2016 and December 2021, excluding The Benjamin at Landover Hills. For each, show units, year built, latest sale date and price per unit, current occupancy and its 12-month change, and in-place rent. Sort by unit count. These are my refinance targets for the next 18 months.
I found 48 market-rate rental properties in Prince George's County that have 200+ units and a latest recorded sale between 2016 and 2021. The Benjamin at Landover Hills isn't among them: it didn't meet the criteria anyway.
What stands out for your refinance list:
Most vulnerable: bought near the 2021 peak and now losing occupancy. These owners paid the most per unit and have the least room if they need to refinance at today's values:
Occupancy has dropped sharply at four properties:
These owners may need rescue capital, bridge-to-bridge financing or an extension rather than a standard refinance.
Strongest candidates for a cash-out refinance. Several older properties bought cheaply in 2016–17 have gained occupancy:
Largest property: Landmark Apartments has 760 units, bought for $148,026/unit in December 2016 and now 98.0% occupied. Its rent reading has only marginal reliability .
| Property | City | Units | Year Built | Latest Sale Date | Sale Price per Unit | Current Occupancy | 12-Mo Occupancy Change | In-Place Rent ($/mo) | Data Confidence |
|---|---|---|---|---|---|---|---|---|---|
| Hyattsville | 760 | 1949 | 2016-12-08 | $148,026 | 98.0% | -2.0 pts1 | $1,616 | MARGINAL2 | |
| Adelphi | 675 | 1954 | 2020-03-03 | n/a | 97.2% | -2.8 pts | $1,690 | MARGINAL2 | |
| Oxon Hill | 637 | 1950 | 2018-07-13 | n/a | 100.0% | 0.0 pts | n/a | INSUFFICIENT2 | |
| Largo | 620 | 1976 | 2020-01-02 | n/a | 96.1% | 0.0 pts | $1,903 | EXCELLENT | |
| Silver Spring | 606 | 1970 | 2016-08-09 | $87,745 | 94.9% | -0.8 pts | $1,769 | EXCELLENT | |
| Forestville | 599 | 1963 | 2021-01-07 | $133,556 | 93.7% | +4.5 pts | $1,491 | EXCELLENT | |
| Cheverly | 555 | 1963 | 2019-01-31 | $118,649 | 95.5% | +0.2 pts | $1,500 | EXCELLENT | |
| Lanham | 546 | 2017 | 2020-08-14 | n/a | 83.9% | -10.4 pts | $2,088 | EXCELLENT | |
| Lanham | 486 | 1970 | 2018-08-22 | $171,728 | 94.9% | -1.2 pts | $1,997 | EXCELLENT | |
| Laurel | 484 | 2016 | 2019-04-19 | $245,868 | 95.5% | +0.2 pts | $2,203 | EXCELLENT | |
| Hyattsville | 478 | 2008 | 2021-04-21 | $241,632 | 99.2% | +1.3 pts | $2,056 | EXCELLENT | |
| Temple Hills | 474 | 1960 | 2017-11-02 | $117,089 | 97.3% | +5.3 pts | $1,456 | EXCELLENT | |
| Takoma Park | 468 | 1969 | 2020-01-27 | $181,624 | 98.3% | -0.4 pts | $1,772 | ACCEPTABLE | |
| New Carrollton | 466 | 1965 | 2016-12-08 | $121,674 | 100.0% | +0.2 pts | $1,724 | MARGINAL2 | |
| Adelphi | 458 | 1960 | 2018-11-01 | n/a | 95.2% | -4.6 pts | $1,834 | ACCEPTABLE | |
| Laurel | 452 | 2008 | 2021-06-30 | $300,111 | 95.8% | -1.1 pts | $2,280 | EXCELLENT | |
| Adelphi | 445 | 1959 | 2018-11-01 | n/a | 93.5% | -2.3 pts | $1,667 | EXCELLENT | |
| Beltsville | 433 | 2013 | 2020-12-21 | $240,185 | 96.3% | +0.5 pts | $2,045 | EXCELLENT | |
| Forestville | 427 | 1966 | 2018-11-02 | n/a | 87.4% | -12.4 pts | $1,423 | EXCELLENT | |
| Cheverly | 409 | 1950 | 2021-10-25 | $156,479 | 97.1% | -2.9 pts | $1,402 | ACCEPTABLE | |
| Forestville | 404 | 1963 | 2019-03-29 | $117,574 | 95.5% | -2.0 pts | $1,753 | EXCELLENT | |
| Temple Hills | 390 | 1949 | 2020-03-04 | $109,487 | 92.8% | -3.1 pts | $1,240 | EXCELLENT | |
| Suitland | 359 | 1960 | 2019-09-20 | $144,847 | 91.1% | -7.0 pts | $1,434 | EXCELLENT | |
| Hyattsville | 354 | 1961 | 2019-08-15 | n/a | n/a | n/a | n/a | n/a | |
| Greenbelt | 354 | 20213 | 2020-04-23 | n/a | 96.3% | +4.2 pts | $2,291 | EXCELLENT | |
| Hyattsville | 351 | 2018 | 2021-01-26 | $293,447 | 94.6% | -2.3 pts | $2,026 | EXCELLENT | |
| Suitland | 349 | 1961 | 2021-10-19 | $183,381 | 91.7% | -5.7 pts | $1,523 | EXCELLENT | |
| Bowie | 348 | 1997 | 2019-12-17 | $221,552 | 94.8% | -2.0 pts | $2,050 | EXCELLENT | |
| Laurel | 340 | 2017 | 2019-04-17 | $273,824 | 92.9% | -5.0 pts | $2,273 | EXCELLENT | |
| Hyattsville | 338 | 1968 | 2017-10-13 | n/a | 95.3% | +0.6 pts | $1,869 | EXCELLENT | |
| Bowie | 324 | 1988 | 2021-06-21 | $283,025 | 94.4% | -2.8 pts | $2,183 | EXCELLENT | |
| Greenbelt | 320 | 1966 | 2017-03-21 | $155,000 | 96.3% | -1.9 pts | $1,887 | EXCELLENT | |
| Largo | 318 | 2015 | 2018-01-17 | $229,088 | 90.9% | -7.2 pts | $2,279 | EXCELLENT | |
| College Park | 303 | 1974 | 2020-01-03 | $216,997 | 98.0% | +0.3 pts | $1,769 | EXCELLENT | |
| College Park | 300 | 1998 | 2019-05-30 | $205,667 | 94.7% | -1.3 pts | $2,026 | EXCELLENT | |
| Capital Heights | 288 | n/a | 2019-02-13 | n/a | n/a | n/a | n/a | n/a | |
| Suitland | 283 | 1970 | 2019-09-13 | $161,837 | 95.4% | -3.5 pts | $1,630 | EXCELLENT | |
| College Park | 282 | 20233 | 2020-11-18 | $106,383 | n/a | n/a | n/a | n/a | |
| Camp Springs | 280 | 2008 | 2021-03-24 | n/a | 96.8% | -1.1 pts | $2,202 | EXCELLENT | |
| Bowie | 268 | 20223 | 2021-02-26 | n/a | 98.1% | +1.9 pts | $2,309 | EXCELLENT | |
| Hyattsville | 252 | 1950 | 2020-12-09 | n/a | n/a | n/a | n/a | n/a | |
| Hyattsville | 243 | 2013 | 2019-10-30 | $242,181 | 91.4% | -5.4 pts | $2,145 | EXCELLENT | |
| Largo | 240 | 1985 | 2018-01-17 | $185,417 | 97.1% | -1.3 pts | $1,854 | EXCELLENT | |
| Hyattsville | 235 | 1954 | 2020-10-09 | n/a | 93.6% | +2.1 pts | $1,502 | EXCELLENT | |
| College Park | 235 | 2016 | 2020-03-25 | $266,702 | 92.8% | -1.3 pts | $2,134 | EXCELLENT | |
| Laurel | 235 | 1962 | 2021-03-25 | $162,766 | 95.7% | +2.1 pts | $1,583 | EXCELLENT | |
| Laurel | 219 | 1964 | 2020-01-13 | $152,968 | 95.4% | -4.6 pts | $1,774 | ACCEPTABLE | |
| Temple Hills | 219 | 20203 | 2019-06-04 | n/a | 93.2% | -4.6 pts | $1,976 | EXCELLENT |
How I filtered the list:
The sale date alone doesn't tell you when the loan matures. Next, I'd pull the owner and property manager for each property to see who holds several of these assets.
This is a read-only snapshot of a RealAI analysis.