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Off Market
1/13

3210-3212 Walbrook Ave
Baltimore, MD 21216


HIGHLIGHTS


OVERVIEW

Harbor Stone Advisors, as exclusive advisor and agent, is pleased to offer: Walbrook Apartments - a 29 unit multifamily opportunity in NW Baltimore. Unit mix of (16) 1 Br-1 Ba, and (13) 2 Br-1 Ba units. Average in place rent $742. Typical units feature carpet, hardwood floors, laminate tile bathroom floors, vinyl replacement windows, gas appliances, formica counter tops, wood cabinets, and sun rooms. Each unit has forced gas heat and window air conditioning. Value add opportunities exist through further renovating units and common areas to increase rents 10+%. Further income stability and rent growth can be achieved by the acceptance of voucher based tenants. Coin operated laundry on site. All units are separately metered for gas and electric. Recent capital improvements include the replacement of 75% of the heating systems and roofing repairs.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Walbrook Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

23926

STORIES

3

YEAR BUILT

1926

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

3016-002,3016-002A