Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Year Built 2018
Building Area
Number of units 347

Property Description

347-unit high-rise multifamily asset located at 225 North Calvert St in Baltimore, Maryland. The 17 story, Class A apartment building is strategically situated on the northern edge of Baltimore’s prestigious CBD/Inner Harbor submarket. 225 North Calvert is adjacent to Mercy Hospital, which employs over 2,100 people. The Property offers residents seamless access to major highways (I-83, I-395 and I-95 via S Calvert St), public transportation and the Baltimore Metro Area’s CBD.

Investment Highlights

  • Strategic Baltimore Location - Residents have easy access to major highways (I-83, I-295, and I-95 via S Calvert St)
  • Demand Drivers - Close proximity to Baltimore’s fast-growing CBD Office market, with over 31MM SF and 5.2MM SF Retail within one mile of the property
  • Below Replacement Cost with Achievable Upside - opportunity to acquire a newly built trophy asset below replacement costs with significant operational upside
  • Top Tier Amenities - 225 N Calvert offers a rooftop terrace with a pool, lounge outfitted with a fireplace, bar, game room, multimedia theater and 5,600 SF health club with 3 studios for spinning, yoga & HIIT
Last Updated Date: 23 Apr 2021
Walter Coker
Walter Coker
Senior Managing Director, Capital Markets
License details
DC-SP98361589 MD-524884 VA-0225092459
Brian Crivella
Brian Crivella
Senior Managing Director, Capital Markets
License details
DC-SP98368957 MD-634831 VA-0225188521

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Last Updated Date: 23 Apr 2021

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