List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, November 13th and ends Tuesday, November 18th, 2025 at 1:15 PM. Manner of Sale: This property is being sold in a Gallery Auction with 5 Lots. Each property will be offered individually. 40-Unit Multifamily Asset in Grove Park, Baltimore, MD Property Overview: Presenting Parkview Apartments, a fully stabilized 40-unit multifamily investment opportunity in the Grove Park neighborhood of Northwest Baltimore. With 100% occupancy and a strong unit mix, this well-maintained garden-style complex offers immediate cash flow with long-term upside potential. The property benefits from a residential setting with proximity to transit, retail, and employment centers. Property Details: • Total Units: 40 (26) 1 Bed / 1 Bath (10) 2 Bed / 1 Bath (4) 3 Bed / 1 Bath • Zoning: R-5 (Residential Multifamily) • Occupancy: 100% • Scheduled Gross Annual Rent: $456,912 annually Investment Highlights: • Stabilized Asset: Fully occupied with consistent in-place income • Diverse Unit Mix: Includes 1BR, 2BR, and 3BR layouts to attract a range of tenants • Turnkey Income Stream: Immediate returns from day one • Convenient Location: Easy access to Liberty Heights Ave, I-70, and public transit • Quiet Residential Setting: Located in a stable neighborhood with strong rental demand • Value-Add Potential: Opportunity to raise rents through unit upgrades or utility optimization Neighborhood: Grove Park, Baltimore Grove Park is a quiet, residential neighborhood in Northwest Baltimore known for its tree-lined streets and community atmosphere. The area attracts long-term renters and families due to its proximity to schools, shopping centers, and public transportation. The property is within minutes of Forest Park Golf Course, Liberty Heights retail, and West Baltimore's major commuter routes. **Scheduled Gross Monhtly Rent of $38,076** **Scheduled Gross Annual Rent of $456,912** Projected Annual Expenses: Taxes $29.837 Gas & Electric $14,440 Water $32,594 Trash Removal $10,799 The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information. Gallery Auction: A bidding deposit of $20,000 per lot is required for Lots 1–5. Manner of Sale: This property is being sold in a Gallery Auction with 5 Lots. Each property will be offered individually. Diligence Package: A copy of the purchase and sale agreement, leases, lead certificate, rental license with assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non disclosure agreement. Auction Notes: Online Auction Only! Bidding begins Thursday, November 13th and ends Tuesday, November 18th, 2025 at 1:15 PM. Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.