20960 Maryland HwyBloomington, MD 21523

Property Details for 20960 Maryland Hwy

Year built

1965

Lot size

1.25 AC

Property size (Sq ft)

8,352 SF

Property type

Multifamily properties

Description

This exceptional investment opportunity presents a 13-unit apartment complex situated on a spacious 1.25-acre lot in the desirable Sheppards Park Subdivision of Bloomington, Maryland. Built in 1965, this all-brick property offers a mix of 11 two-bedroom, one-bathroom apartments and two efficiency units, catering to a diverse range of tenants. The complex boasts ample private parking, a significant advantage for residents and visitors. Located in Garrett County, just west of the Allegany County border, this property benefits from its proximity to the thriving McHenry-Deep Creek Lake area, a region known for its four-season appeal. A mere 25-minute drive from Deep Creek Lake, the complex enjoys the economic advantages of this popular recreational destination. The nearby Wisp Ski Resort provides substantial winter employment, while the lake itself draws numerous visitors during the summer months. Convenient access to Route 219 and its connection to Interstate-68 ensures easy travel north and south, and east and west. The property's strategic location also offers easy access to major urban centers, including Baltimore/Washington (two hours east), Morgantown, West Virginia (one hour west), and Pittsburgh, Pennsylvania (two hours north). With a total of 8,352 square feet, this property represents a substantial investment in a sought-after location, offering both recreational appeal and convenient access to major transportation arteries. The property sits on a single tax parcel.

Location Insight

City

Bloomington

County

Garrett

State

Maryland

Latitude

39.4748

Longitude

-79.0765

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