Apartment Acquisitions · Silver Spring
Sell Your Commercial Property In Silver Spring, MD
We are an active buyer of Silver Spring commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- 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
Areas We Target: Takoma Park · Wheaton · Langley Park · Hyattsville — Montgomery County, MD
Local Demand
Our View On Silver Spring
Silver Spring is a renter-majority community. Of its 33,988 occupied homes, 20,979 are rented, or 61.7%, per Census ACS 2020-2024 estimates for Silver Spring CDP. A CDP is a Census-designated place, so Silver Spring has no city government. Montgomery County sets its tax and landlord rules.
Anyone planning to sell commercial property in Silver Spring, MD should start with the local numbers. Median gross rent is $1,913 a month. Of Silver Spring's homes, 60.4% are in buildings of five or more units. Another measure of age: 68.8% were built before 1980, per ACS table B25034.
Many older apartments fall under Montgomery County's rent stabilization law. It caps increases at 5.2% for rents rising from July 1, 2026 through June 30, 2027. Montgomery County's 2026 levy year tax schedule, HUD's fair market rents and the county's landlord rules are all covered below. We buy 5+ unit apartment buildings across Silver Spring and nearby Takoma Park, Wheaton, Langley Park and Hyattsville.
Federal agencies at White Oak
GSA's 2018 master plan counted nearly 11,000 assigned FDA and GSA support staff at the White Oak campus in Silver Spring and planned for 18,000 on site.Red Line and Purple Line
WMATA lists Red Line service at Silver Spring toward Glenmont and Shady Grove. The Maryland Transit Administration is building a 16-mile, 21-station Purple Line from New Carrollton to Bethesda.Dense apartment demand
ACS 2020-2024 shows 61.7% of Silver Spring households rent and 60.4% of homes sit in buildings of five or more units, a far higher share than Montgomery County's 33.3%.Our Buy Box
What We Buy In Silver Spring
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
Silver Spring Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Silver Spring
Silver Spring is a renter-majority community, with 61.7% of occupied homes rented. Census ACS 2020-2024 estimates count 20,979 renter households among 33,988 occupied homes in Silver Spring CDP. Renters outnumber owners 20,979 to 13,009 there. Montgomery County as a whole is 34.7% renter-occupied.
Silver Spring is a Census-designated place (CDP) inside Montgomery County, not an incorporated city. Its ACS 2020-2024 population is 81,462. ACS profile table DP04 puts Silver Spring's rental vacancy rate at 4.1%, against 3.7% for Montgomery County.
Jobs and transit frame that demand. Montgomery Planning counts 480,860 jobs countywide, using a January 2025 survey for federal positions. GSA's 2018 FDA master plan counted nearly 11,000 assigned FDA and GSA support staff at White Oak in Silver Spring. WMATA lists Red Line service at Silver Spring toward Glenmont and Shady Grove.
Rents and affordability in Silver Spring
Silver Spring's median gross rent is $1,913 a month under ACS 2020-2024 estimates. Montgomery County's median is $2,068, and Maryland's is $1,705. Median household income in Silver Spring is $99,860, per ACS table B19013.
Under HUD's FY2027 fair market rents for the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, a two-bedroom unit is $2,438 a month. That is $525 above Silver Spring's ACS median rent. A two-bedroom at that rent costs $29,256 a year, or 29.3% of Silver Spring's median household income. HUD sets one area figure for the whole metro, so Silver Spring rents track it only loosely.
| Unit size | HUD FY2027 FMR per month |
|---|---|
| Efficiency | $2,111 |
| One-bedroom | $2,204 |
| Two-bedroom | $2,438 |
| Three-bedroom | $3,107 |
| Four-bedroom | $3,658 |
Silver Spring renters carry a heavy load: 51.6% of renter households pay 30% or more of income on rent, per ACS table B25070. Another 23.0% pay 50% or more. Selling commercial property in Silver Spring means selling into that affordability ceiling, because rents have little room to climb.
Apartment stock in Silver Spring
Silver Spring is an apartment market: 60.4% of its homes are in buildings of five or more units. That is 21,613 of 35,774 housing units, per ACS table B25024. Montgomery County is 33.3%.
The stock is old. Silver Spring's median year built is 1964, and ACS table B25034 shows 68.8% of homes built before 1980. Montgomery County's median year built is 1980. That age profile defines the buyer pool for anyone who wants to sell commercial property in Silver Spring, MD.
Property taxes in Montgomery County
Montgomery County's 2026 levy year schedule lists a combined real property rate of $1.1521 per $100 of assessed value for its base tax class. That figure comes from the county's 2026 real property tax rate schedule, which runs July 1, 2026 through June 30, 2027. Tax class R64, tied to the Silver Spring Urban District, is $1.2561 per $100.
Your tax bill shows the class that applies, per the county's tax FAQ. Takoma Park, a separate city, is class R35 at $1.1871 per $100.
Here is a worked example on a $2,000,000 assessment, which also serves as the sale price for the transfer taxes.
- At $1.1521 per $100, the annual bill is $23,042.
- At $1.2561 per $100, the annual bill is $25,122, which is $2,080 more.
- County transfer tax is typically 1% of price, or $20,000, per Montgomery County MC311.
- State transfer tax is 0.5% of consideration, or $10,000, under Tax-Property Article Section 13-203.
The State Department of Assessments and Taxation (SDAT) reassesses each property every three years. SDAT spreads an assessment increase equally over three years, per its assessment Q and A. Owners can appeal within 45 days of the notice date, per SDAT's appeal process. Montgomery County's homestead tax credit limits annual assessment increases to 10% but applies only to owner-occupied residential dwellings.
Landlord rules in Silver Spring
Montgomery County's rent stabilization law caps annual increases at 5.2% for rent increases taking effect from July 1, 2026 through June 30, 2027. The cap is the lower of CPI-U plus 3% or 6%, and CPI-U is 2.2%, per DHCA's increases page. Banked rent can lift a single increase to at most 10%. The law was enacted July 20, 2023 and took effect July 23, 2024, per DHCA.
The law is in County Code Chapter 29, Sections 29-56 through 29-62. It covers rental units at least 23 years old unless exempt, per DHCA. Exemptions include units owned by a person holding two or fewer county rental units, per DHCA's exemptions list.
DHCA estimated 65,669 rent-stabilized units on December 31, 2025, about 57% of roughly 114,000 county rental units, per the Office of Rent Stabilization report. Silver Spring is under the county program, which matters to anyone who wants to sell commercial real estate in Silver Spring, MD. Takoma Park, Rockville and Gaithersburg are not.
Other rules come from the DHCA Landlord-Tenant Handbook and state law. The items below come from the handbook and the statutes.
- Rent increases need 90 days' written notice, once per 12 months, at lease renewal or on a new lease, per DHCA.
- Security deposits are capped at one month's rent in most cases, and are returned within 45 days, under Real Property Article Section 8-203.
- Before filing for nonpayment, a landlord must give 10 days' written notice, under Section 8-401.
- Late fees are capped at 5% and may not start until rent is more than 10 days late.
- DHCA inspects on annual, biennial or triennial schedules and gives tenants 72 hours' notice.
- DHCA's annual rental housing approval runs July 1 through June 30, and DHCA must be told of a sale in writing within 10 days.
What it means for an owner in Silver Spring
A Silver Spring owner holds an older building with capped rents and a $1.1521 base tax rate. That cap, set at 5.2% for the 2026-27 year, limits how fast stabilized rents can rise. SDAT compares each recorded sale price with the property's assessment, per its assessment Q and A.
When you sell commercial real estate in Silver Spring, MD, underwriting starts with the units: how many are 23 years old, which exemptions apply, and how much banked rent each unit carries. Run your numbers with our cap rate calculator. Read the Silver Spring rent stabilization guide for the compliance steps.
If you want to sell your apartment building in Silver Spring, Skyline Capital Investments can help. We buy 5+ unit apartment buildings across Silver Spring, Takoma Park, Wheaton, Langley Park and Hyattsville. See how our apartment building sale process works. Owners ready to sell commercial property in Silver Spring, MD, can begin with that page.
Local Knowledge
Pricing Your Building In Silver Spring
More about selling in Maryland →Investing in Silver Spring? See apartment syndications in Silver Spring →
- Silver Spring is a Census-designated place, so Montgomery County government, not a city hall, sets its property tax rate, rent stabilization rules and rental housing program.
- Montgomery County's 2026 real property schedule lists $1.1521 per $100 for its base tax class and $1.2561 for class R64, the Silver Spring Urban District.
- Rent increases on stabilized Silver Spring units are capped at 5.2% from July 1, 2026 through June 30, 2027, with 90 days' written notice and one increase per 12 months.
- Montgomery Planning counted 480,860 jobs countywide, using a January 2025 survey for federal jobs, which gives owners a countywide employment base for demand.
Seller Guides
Selling A Building In Silver Spring
Learn More
Taxes & Rules For Silver Spring Property
The Maryland rules that shape any deal in Silver Spring: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Silver Spring Seller FAQ
What is the average rent in Silver Spring, MD?
ACS 2020-2024 estimates put Silver Spring's median gross rent at $1,913 a month, below Montgomery County's $2,068. HUD's FY2027 fair market rents for the Washington metro area are $2,204 for a one-bedroom and $2,438 for a two-bedroom, so the Silver Spring median sits below both. HUD sets one figure for the whole metro, which is why local medians differ.
Does Silver Spring have rent control?
Montgomery County rent stabilization applies in Silver Spring. It covers rental units at least 23 years old unless exempt. For increases taking effect from July 1, 2026 through June 30, 2027, the maximum is 5.2%, the lower of CPI-U plus 3% or 6%. Takoma Park, Rockville and Gaithersburg are outside the county program, so confirm which jurisdiction a parcel is in before you underwrite it.
How much is property tax on an apartment building in Silver Spring?
Montgomery County's 2026 levy year schedule lists $1.1521 per $100 of assessed value for its base class and $1.2561 for class R64, the Silver Spring Urban District. On a $2,000,000 assessment, that is $23,042 and $25,122 a year. Your tax bill shows the class that applies. Owners who sell multifamily property in Silver Spring should confirm that class first, because Takoma Park uses a different rate.
What should I know before I sell commercial property in Silver Spring, MD?
Expect a county transfer tax of typically 1% and a state transfer tax of 0.5% of consideration, which is $30,000 combined on $2,000,000. Tell DHCA of the sale in writing within 10 days. Buyers will price in the 5.2% rent cap and each unit's banked rent, so gather rent rolls by unit before you list.
How much is the security deposit limit in Maryland, and when must it be returned?
Maryland's Real Property Article Section 8-203 caps a security deposit at one month's rent in most cases, with limited exceptions. The landlord must return the deposit with interest within 45 days after the tenancy ends. If damages are claimed, an itemized list of damages and costs must go to the tenant by first-class mail within the same 45 days.
What rules apply when I sell commercial real estate in Silver Spring, MD?
Montgomery County sets them, not a city, because Silver Spring is a Census-designated place. The county sets a rent cap, requires an annual DHCA rental housing approval, 90-day rent increase notices and a 10-day notice before nonpayment filings. State law adds a one-month security deposit cap and a 45-day return deadline. Those steps shape buyer underwriting.
What if my Silver Spring building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in Montgomery County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Is it possible to sell rental property in Silver Spring 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.
Do I need a broker to sell my apartment building in Silver Spring?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
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