Hyatt Commercial Facilitates Off-Market Sale of 214 Prince George Street in Downtown Annapolis

Annapolis, MD — November 20, 2025 — The off-market sale of 214 Prince George Street in downtown Annapolis has closed for $3 million. This sale reflects continued strong demand for multifamily properties in the historic district.

The building has six units, ranging from 1BR/1BA apartments to a rare two-level 7BR/8BA unit. This variety appeals to multiple tenant profiles and investment strategies. Each unit offers spacious interiors and flexible layouts. Therefore, the property is suitable for both long-term rentals and short-term leasing opportunities.

The property is located just steps from the Naval Academy, St. John’s College, local shops, restaurants, and the waterfront. As a result, it benefits from a prime downtown location. Its accessibility and proximity to key amenities make it highly attractive to investors seeking stable cash flow.

“We were pleased to broker the sale of 214 Prince George Street for the second time in four years,” said John Gallagher, Executive Vice President. Additionally, off-market opportunities like this highlight the depth of demand in Annapolis. They also demonstrate the value of trusted relationships in the local real estate market.

Investors looking for off-market transactions can find value in properties like this. Moreover, these listings offer privacy, exclusivity, and potential for high returns. Downtown Annapolis continues to experience a competitive multifamily market. Properties near educational institutions and the waterfront remain highly sought after.