Yorkewood Apartments offers a rare opportunity to acquire a 286-unit value-add community in Northeast Baltimore with upside driven by lease-up and operational improvements. With a ~$215 rent gap between in-place and market rents, investors can drive revenue while remaining below competing assets. Stabilization over 24 months supports a projected 10.35% pro forma cap rate. Ownership has invested $3.5M ($19K/unit) into renovations, positioning the next owner to focus on leasing vacancy rather than heavy CapEx. Additional upside includes the potential to convert ~25 lower-level spaces into new units and implement energy efficiency improvements. The property is located near Morgan State University, Towson University, Loyola University Maryland, Johns Hopkins University, and MedStar Good Samaritan Hospital, along with nearby retail l and convenient access to MTA bus routes.