Multi-Housing

Flats at Shady Grove

1380 Piccard Dr Rockville, MD United States 20850
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
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NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1987
Occupancy 94.0 %

Property Description

203 Unit asset in Shady Grove, Maryland.

Investment Highlights

JLL is pleased to present The Flats at Shady Grove (the “Property”), a 203-unit multifamily community located at 1380 Piccard Drive in Rockville, Maryland. The property is located adjacent to Maryland’s dynamic I-270 Biotechnology Corridor and is proximate to two passenger rail stations with swift access to Washington DC and the broader region. Positioned minutes from the heart of the Biotech sector in Montgomery County, The Flats at Shady Grove provides residents with a convenient location at a 30% discount to other Class A product in the submarket.
Stephen Conley
Stephen Conley
Executive Managing Director, Washington, D.C. Office Co-Head
License details
DC-PB98368150 MD-47647 VA-0225123295
Walter Coker
Walter Coker
Managing Director, Capital Markets
License details
DC-SP98361589 MD-524884 VA-0225092459

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