🌆 Eight Building 50 Unit Rental Portfolio – An Outstanding Income Opportunity 💰💎
Unlock the potential of a diversified investment with this exceptional eight-building multifamily portfolio in Baltimore, Maryland. Featuring a total of 50 units across eight buildings, this portfolio offers immediate, stable cash flow with an impressive overall occupancy rate of approximately 88% 📈. This is a turnkey investment in a thriving urban market 🏙️.
Key Investment Highlights:
- Substantial Monthly Income: The portfolio currently generates a total monthly rent income of approximately $53,773.00. 💵
- Turnkey Stability: Enjoy consistent returns from a highly occupied portfolio, providing reliable income streams. 🔒
- Prime Baltimore Locations: The buildings are strategically located across desirable neighborhoods in Downtown Baltimore. 🗺️
The Baltimore Advantage: Why Invest in this Market?
Investing in Baltimore City offers unique advantages driven by the area’s strategic positioning and economic strength.
Strategic Geography and Anchor Points: Baltimore is strategically situated along the I-95 corridor, providing easy access to Washington, D.C., and forming a crucial part of a vibrant economic region. The city benefits from major transportation hubs, including BWI Airport ✈️ and the Port of Baltimore 🚢
The local economy is heavily supported by a robust network of “Eds and Meds” institutions, such as Johns Hopkins University, the University of Baltimore, Loyola, Notre Dame, Baltimore City College, Morgan State, Coppin State University and more .. as well as hospitals such as The Johns Hopkins Hospital, University of Maryland Medical Center, Mercy Medical Center, MedStar Union Memorial Hospital, and Sinai Hospital of Baltimore. These institutions serve as powerful anchor points and major employers, ensuring a continuous influx of residents and strong economic stability. 🎓🏥
Market Appreciation and Robust Rental Demand: Baltimore’s real estate market has shown consistent appreciation, with median home prices remaining relatively affordable compared to the national average. This presents an excellent entry point for investors seeking long-term growth. 🏡
Furthermore, the demand for rental properties is high and sustained. Baltimore’s rental market is thriving, driven by population growth and the increasing cost of homeownership. This strong renter demand is leading to declining vacancy rates and steady rent growth. 📈