Anne Arundel County · Annapolis
Sell Your Commercial Property In Annapolis, MD
From Eastport to Glen Burnie, we buy Annapolis multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Eastport · Parole · Glen Burnie · Severna Park — Anne Arundel County, MD
The Annapolis Market
What Drives Rentals In Annapolis
Annapolis, Maryland's capital, had 40,720 residents in ACS 2020-2024 estimates. Of its 17,998 occupied homes, 6,836 are rented, or 38.0%, per Census ACS 2020-2024 estimates. Anne Arundel County's renter share is 24.9%, so Annapolis carries a larger rental base than the county around it.
Owners looking to sell commercial property in Annapolis, MD are working with an older market. Median gross rent is $1,860 a month, and 60.4% of homes were built before 1980. Rental vacancy is 6.6%, per ACS profile table DP04.
The U.S. Naval Academy enrolls about 4,400 midshipmen on its 338-acre campus, per its 2025-2026 fact sheet. Fort Meade, with more than 64,000 employees per the Army garrison, sits about 20 miles away in northwest Anne Arundel County.
Below are Annapolis renter figures, HUD's FY2027 fair market rents, Anne Arundel County tax rates and the state and city landlord rules. We buy 5+ unit apartment buildings in Eastport, Parole, Glen Burnie and Severna Park.
Naval Academy and state government
The Naval Academy enrolls about 4,400 midshipmen with a faculty of nearly 600 in 2025-2026. Maryland Commerce counts 11,865 state government jobs in Anne Arundel County in 2024.Fort Meade, 20 miles away
Fort Meade sits in northwest Anne Arundel County, about 20 miles from Annapolis, with more than 64,000 employees per the Army. Maryland Commerce lists Northrop Grumman at 10,700 county jobs.Little new construction
Only 6.1% of Annapolis homes were built in 2010 or later, against 12.8% countywide, per ACS 2020-2024. Median year built is 1975, so most rentals sit in older buildings.Our Buy Box
What We Buy In Annapolis
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Annapolis Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Annapolis
Annapolis renters occupy 38.0% of homes, or 6,836 of 17,998 households, per Census ACS 2020-2024 estimates. Anne Arundel County as a whole is 24.9% renter-occupied. Annapolis holds 12.2% of the county's renter households but only 6.8% of its residents.
The 2020 Census counted 40,812 Annapolis residents, up 6.3% from 38,394 in 2010. Median household income in Annapolis is $113,860, per ACS table B19013. Maryland's statewide median is $103,678.
Most Annapolis workers stay close to home. ACS 2020-2024 data in table B08007 show 75.3% of employed Annapolis residents work in Anne Arundel County. Another 17.2% commute to a different Maryland county, and 7.5% work out of state. Maryland Commerce lists the Naval Academy and Naval Support Activity at 3,000 jobs among Anne Arundel County's largest employers.
Rents and affordability in Annapolis
Median gross rent in Annapolis is $1,860 a month under ACS 2020-2024 estimates. That is $211 below Anne Arundel County's $2,071 median. It is $155 above Maryland's $1,705.
Anne Arundel County sits in the Baltimore-Columbia-Towson, MD MSA under HUD's FY2027 fair market rents. A two-bedroom FMR there is $2,006 a month, $146 above the Annapolis median rent. HUD sets one schedule for the whole Baltimore metro, Annapolis included.
| Unit size | HUD FY2027 FMR per month |
|---|---|
| Efficiency | $1,523 |
| One-bedroom | $1,625 |
| Two-bedroom | $2,006 |
| Three-bedroom | $2,509 |
| Four-bedroom | $2,789 |
In Annapolis, 46.3% of renter households pay 30% or more of income on rent, per ACS table B25070. Another 19.9% pay 50% or more. Rental vacancy is 6.6% in Annapolis, per ACS profile table DP04, against 5.0% countywide and 4.7% statewide. For owners selling commercial property in Annapolis, lease-up history and turnover costs matter to buyers.
Apartment stock in Annapolis
Annapolis has 5,834 homes in buildings of five or more units, 29.8% of its 19,598 housing units, per ACS table B25024. Anne Arundel County's share is 16.1%. Of the Annapolis total, 1,451 units sit in buildings of 50 or more units.
Annapolis housing is old. Median year built is 1975, per ACS table B25035. Of all Annapolis homes, 60.4% predate 1980, per ACS table B25034. Only 1,203 units, or 6.1%, were built in 2010 or later, against 12.8% across Anne Arundel County.
That age profile brings lead rules into play. Buildings constructed before 1978 need a Maryland Department of the Environment lead certificate for an Annapolis rental license, per the city's licensing procedures. Owners who sell commercial real estate in Annapolis, MD with those certificates on file give buyers fewer open items.
Property taxes in Anne Arundel County
An Annapolis parcel pays $1.427 per $100 of assessed value in fiscal 2027. That combines the state's $0.112, Anne Arundel County's $0.577 and the City of Annapolis's $0.738, per Anne Arundel County Finance. The SDAT 2026-2027 tax rate table lists the same rates.
Outside city limits, Anne Arundel County's rate is $0.968, or $1.080 with the state rate. That rate applies in unincorporated communities such as Parole, Glen Burnie and Severna Park. Inside Annapolis, the lower county rate offsets part of the city levy.
Here is a worked example on a $2,000,000 assessment, also used as the sale price for the deed taxes. Annual figures are the rate times the assessment divided by 100.
| Location or item | Rate | Amount on $2,000,000 |
|---|---|---|
| State of Maryland, inside Annapolis | $0.112 per $100 | $2,240 |
| Anne Arundel County, inside Annapolis | $0.577 per $100 | $11,540 |
| City of Annapolis | $0.738 per $100 | $14,760 |
| Annapolis total, annual | $1.427 per $100 | $28,540 |
| Unincorporated county, annual | $1.080 per $100 | $21,600 |
| County recordation tax, one time | $7.00 per $1,000 | $14,000 |
| State transfer tax, one time | 0.5% | $10,000 |
Recordation tax is $7.00 per $1,000, per the county's recordation and transfer tax page. Anne Arundel County's transfer tax is 1.0% below $1,000,000 and 1.5% on transactions of $1,000,000 or more. The state transfer tax is 0.5% under Tax-Property Article Section 13-203.
Owners who plan to sell commercial property in Annapolis, MD should also plan for reassessment. SDAT values each property every three years and phases increases in over three years, per its assessment Q and A. Appeals must be filed within 45 days of the notice date, per SDAT.
Landlord rules in Annapolis
Maryland has no statewide rent stabilization law, according to the Department of Legislative Services in a 2026 fiscal note. These state rules govern Annapolis leases.
- Security deposits are capped at one month's rent per unit, regardless of the number of tenants, under Real Property Article Section 8-203.
- Deposits must be returned with simple interest within 45 days after the tenancy ends.
- Before filing for nonpayment, a landlord must give written notice and 10 days to cure, under Section 8-401.
- Ending a month-to-month tenancy takes 60 days' written notice, under Section 8-402.
The City of Annapolis requires a Rental Operating License before any unit is rented, per its rental licensing procedures. The standard license costs $125 per unit per year and renews annually. Every rental is inspected once each year, and the landlord must offer a lease of at least one year.
What it means for an owner in Annapolis
Annapolis owners hold an older apartment stock with 6.6% vacancy, a $1.427 tax rate and yearly city inspections. Demand comes from the Naval Academy, state government and the Fort Meade employers about 20 miles away.
Underwriting starts with the rent roll, each unit's license status and lead certificates. Run your numbers with our cap rate calculator. If you want to sell your apartment building in Annapolis, review our apartment building sale process.
Skyline Capital Investments buys 5+ unit apartment buildings in Eastport, Parole, Glen Burnie and Severna Park. Owners ready to sell commercial property in Annapolis, MD can start with a rent roll and the fiscal 2027 tax bill.
Local Knowledge
Selling In Annapolis
More about selling in Maryland →Investing in Annapolis? See apartment syndications in Annapolis →
- An Annapolis parcel pays $1.427 per $100 of assessed value in fiscal 2027: $0.112 state, $0.577 Anne Arundel County and $0.738 city.
- Anne Arundel County charges recordation tax of $7.00 per $1,000 and county transfer tax of 1.5% on transactions of $1,000,000 or more.
- The City of Annapolis charges $125 per unit per year for a standard Rental Operating License, and every rental is inspected once a year.
- To sell commercial real estate in Annapolis, MD, gather the rent roll, unit licenses, lead certificates and the latest SDAT assessment notice before talking to buyers.
Seller Guides
Your Situation, Handled — Annapolis
Learn More
Taxes & Rules For Annapolis Property
The Maryland rules that shape any deal in Annapolis: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Annapolis Seller FAQ
What is the average rent in Annapolis, MD?
ACS 2020-2024 estimates put the Annapolis median gross rent at $1,860 a month. Anne Arundel County's median is higher at $2,071, and Maryland's is $1,705. HUD's FY2027 fair market rents for the Baltimore-Columbia-Towson metro, which includes Annapolis, are $1,625 for a one-bedroom and $2,006 for a two-bedroom. Rental vacancy in Annapolis is 6.6%, above the county's 5.0%.
How much is property tax on an apartment building in Annapolis?
Inside the City of Annapolis, the fiscal 2027 rate is $1.427 per $100 of assessed value: $0.112 state, $0.577 county and $0.738 city. On a $2,000,000 assessment that is $28,540 a year. Unincorporated areas such as Glen Burnie pay $1.080, or $21,600. SDAT revalues property every three years and phases increases in over three years.
What should I know before I sell commercial property in Annapolis, MD?
Plan for one-time deed taxes. On a $2,000,000 sale, Anne Arundel County recordation tax is $14,000 and the 0.5% state transfer tax adds $10,000. The county transfer tax rate is 1.5% on transactions of $1,000,000 or more. Buyers will also ask for the rent roll, each unit's Rental Operating License and lead certificates for pre-1978 buildings.
Does Annapolis have rent control?
Maryland has no statewide rent stabilization law, according to the Department of Legislative Services. Annapolis landlords follow state rules, including a deposit cap of one month's rent per unit. A nonpayment filing requires written notice with 10 days to cure. Ending a month-to-month tenancy takes 60 days' notice. The City of Annapolis adds its own licensing and yearly inspection program.
How quickly can I sell commercial real estate in Annapolis, MD?
Timing depends mostly on paperwork. The City of Annapolis requires a Rental Operating License for every rental, renewed each year, with an annual inspection. Buildings from before 1978 also need a Maryland Department of the Environment lead certificate. Owners who sell multifamily property in Annapolis with current licenses, inspection records and a clean rent roll give buyers fewer items to clear before closing.
What are the security deposit rules in Maryland?
Real Property Article Section 8-203 caps a security deposit at one month's rent per unit, regardless of the number of tenants. The landlord must return the deposit with simple interest within 45 days after the tenancy ends. Tenants can recover up to three times any amount wrongly withheld, plus attorney's fees, so deposit records matter when selling commercial property in Annapolis.
Do I need to fix up my Annapolis building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Do you work with Annapolis brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Annapolis, and we keep every conversation confidential.
Is it possible to sell rental property in Annapolis without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
What do I need to sell my apartment building in Annapolis?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Selling A Building In Annapolis?
Share the basics below and we will follow up directly. Agents and brokers representing Annapolis sellers are welcome.
