1923 Ashland | 1923 Ashland Ave
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1923 Ashland 1923 Ashland Ave Immeuble residentiel 22 lots À vendre Baltimore, MD 21205
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Opportunity to Acquire a Newly Constructed, Fully Occupied Asset in East Baltimore City
- Steps Away from the Johns Hopkins University Schools of Medicine and Nursing, Bloomberg School of Public Health, and The Johns Hopkins Hospital
- New Construction Leaves Minimal Deferred Maintenance for a New Owner
RÉSUMÉ ANALYTIQUE
Harbor Stone Advisors is pleased to present 1923 Ashland, a newly constructed mixed-use asset located in East Baltimore City. 1923 Ashland is in a premier location, just steps away from the Johns Hopkins University Schools of Medicine and Nursing, Bloomberg School of Public Health, and The Johns Hopkins Hospital.
The property features 22 units with a mix of (4) 1 Br-1 Ba, (16) 2 Br-1 Ba, (1) 3 Br-2 Ba, and (1) ground floor commercial space. The commercial space is leased to Peter Chang, a Chinese restaurant with 13 locations throughout Washington, DC, Maryland, and Virginia, through June 2033. Peter Chang is a James Beard Award-winning chef who specializes in Szechuan cuisine and is continuing to grow his restaurant empire. The current owner constructed the property in 2022, and the building is NGBS Green certified. Typical residential unit features include stainless steel appliances, wood cabinets, granite countertops, and LVT flooring throughout.
The opportunity exists for a new owner to organically increase rents as similar properties nearby are achieving rents at least 15% higher on average. There is also an ability to implement a water reimbursement program for the residential units upon renewal and/or new lease. 1923 Ashland has an existing Enterprise Tax Credit in place for the commercial portion of the building through the 2032-2033 tax year, offering future tax savings for a new owner.
The property features 22 units with a mix of (4) 1 Br-1 Ba, (16) 2 Br-1 Ba, (1) 3 Br-2 Ba, and (1) ground floor commercial space. The commercial space is leased to Peter Chang, a Chinese restaurant with 13 locations throughout Washington, DC, Maryland, and Virginia, through June 2033. Peter Chang is a James Beard Award-winning chef who specializes in Szechuan cuisine and is continuing to grow his restaurant empire. The current owner constructed the property in 2022, and the building is NGBS Green certified. Typical residential unit features include stainless steel appliances, wood cabinets, granite countertops, and LVT flooring throughout.
The opportunity exists for a new owner to organically increase rents as similar properties nearby are achieving rents at least 15% higher on average. There is also an ability to implement a water reimbursement program for the residential units upon renewal and/or new lease. 1923 Ashland has an existing Enterprise Tax Credit in place for the commercial portion of the building through the 2032-2033 tax year, offering future tax savings for a new owner.
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Surface de l’immeuble | 2 381 m² |
| Nb de lots | 22 | Occupation moyenne | 100% |
| Type de bien | Immeuble residentiel | Nb d’étages | 5 |
| Sous-type de bien | Appartement | Année de construction | 2022 |
| Style d’appartement | De hauteur moyenne | Zone de développement économique [USA] |
Oui
|
| Classe d’immeuble | B | Zonage | BSC |
| Surface du lot | 0,05 ha |
| Type de vente | Investissement |
| Nb de lots | 22 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | B |
| Surface du lot | 0,05 ha |
| Surface de l’immeuble | 2 381 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 5 |
| Année de construction | 2022 |
| Zone de développement économique [USA] |
Oui |
| Zonage | BSC |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Lave-vaisselle
- Broyeur d’ordures
- Micro-ondes
- Chauffage
- Cuisine
- Plans de travail en granit
- Réfrigérateur
- Four
- Électroménager en acier inoxydable
- Baignoire/Douche
- Congélateur
CARACTÉRISTIQUES DU SITE
- Laverie
- Service d’emballage
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Walk Score®
Idéal pour les promeneurs (94)
Transit Score®
Excellent réseau de transport en commun (87)
CONTACTS
-
Brooks Healy -
Justin Verner -
Tom Wohlgemuth -
Kevin Landolphi -
Harbor Stone Advisors
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1923 Ashland | 1923 Ashland Ave
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