Montgomery County · Commercial sale
Apartment complex at 11555 Old Georgetown Rd in Rockville sells for $169.08 million
An apartment complex at 11555 Old Georgetown Rd, Rockville sold for $169,082,158 on October 2, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $169,082,158
- Sold
- October 2, 2026
- Property type
- Apartment complex
- Building area
- 338,258 sq ft
- Price per sq ft
- $500
- Year built
- 2026
An apartment complex at 11555 Old Georgetown Rd in Rockville sold for $169,082,158. Maryland Department of Assessments and Taxation property records date the sale to October 2, 2026.
Assessor's records show 338,258 square feet of building area, a build year of 2026 and a 1.11-acre lot. That works out to $500 per square foot. The market value on record is $128,652,100. The sale price was 31% above that value, according to Assessor's records.
The record lists Silverstone Bethesda Owner LLC as the seller. The last sale before this one on record was $12,650,000 in 2023. This sale price was 13.4 times that amount.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Montgomery County?
By our estimate, the seller's two largest charges, not counting prorations, were $1,914,861.38 for the recordation tax (Montgomery County) and $845,410.79 for the county transfer tax (Montgomery County). Who pays what follows Montgomery County custom.
How much did the seller net?
By our estimate, the seller netted about $166,336,541. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $173,084,941 at closing. That covers the full price and closing costs.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 70996-0352. Property details: Montgomery County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
