About
About The Cobham Single-Family Portfolio
The Cushman & Wakefield Mid-Atlantic Single-Family Advisory Group is pleased to present The Cobham Portfolio located in Baltimore, MD. The Offering is comprised of 11 single-family rental units located throughout Baltimore City. The Portfolio is well positioned for an acute value-add business plan executing a leasing strategy to attract renters receiving housing vouchers and rental subsidies. Residents are afforded outstanding access to significant employers, education institutions, retailers, dining and entertainment in their respective neighborhoods. Major employers near the clusters in the portfolio include Johns Hopkins University (25,000 employees), Johns Hopkins Health System (19,340 employees) and MedStar Health System (6,027 employees). The Cobham Portfolio contains 11 Baltimore City homes offering an investor the opportunity to acquire a value-add portfolio with ample room to increase rents, following light interior renovations, and implementing a voucher-driven leasing strategy, with market rents averaging $1,663 across the eleven properties.
Emerging as one of the most attractive asset classes to both institutional and private investors, Single-Family Rentals offer high yields and strong occupancy rates. High-Performance Metrics for Single-Family Rentals include an average median rent of $1,700 per month for three-bedroom homes and Y-O-Y rent increase of almost 10%. Baltimore City Housing Voucher Rents consistently outperform comparable market rate levels..