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The Pointe at County Crossing

Posted: 1/3/2022
466 Units
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About

About The Pointe at County Crossing

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present The Pointe at County Crossing (The Property), a 466 -unit townhome community with proven value-add potential in Baltimore, MD. The Pointe at County Crossing presents the opportunity to acquire immediate scale in one of the Mid-Atlantic’s highest performing apartment markets. The Baltimore market has been an outperformer with low vacancy and accelerated rent growth over the last twelve months with this trend projected to continue. The Property is perfectly positioned to take advantage of these lofty apartment fundamentals due to its dynamic Harford County location, within the high growth I-95 Industrial corridor. The Property is currently 95% occupied and has proven upside with renovated unit garnering rent increases up to $175. The opportunity exists to renovate the remaining 66% of units (307 total units) to achieve similar or increased premiums based on rents for renovated units in the immediate competitive set. The Pointe at County Crossing presents a unique opportunity to acquire a large-scale asset with proven value-add upside in Baltimore, MD, one of the Mid-Atlantic’s best multifamily markets.