500 Park Ave - Apartments FOR SALE
Towson, MD 21204 |
500 Park Ave
Towson, MD 21204
HIGHLIGHTS
- Value Add Potential: Opportunity to Increase Rents 20%+ Upon Renovation of Kitchens and Baths
- Other Income Opportunity: Lease Garages and Rectify Basement Apartment
- Attractive Unit Mix & Layouts: 80% Two Bedroom One Bath Units, Private Entrances & Balconies in the Rear of the Building
- Desirable Location: Prime Location with Access to Parks, Retail, Dining, and Employment; Walk Score of 81
- Affluent Submarket: West Towson Average Household Income of $115,000
- Direct Access to Major Roadways: Convenient to Joppa Road, York Road, and I-695 (Baltimore Beltway)
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
3600
STORIES
2
YEAR BUILT
1940
PARKING SPACES
4
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
09-1900006214
