The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusive listing of Howard Street Lofts located at 5 N. Howard Street in Baltimore's Central Business District. The Vacant Mixed-Use Property has a vibrant ground floor retail tenant, and the remaining floors are vacant, and primed for redevelopment. Future ownership has the rare and immediate opportunity to reposition the Property for a variety of uses including conventional multifamily, mixed-use, office, or medical outpatient facility. The Assets stands to benefit from the pending $150 Million Redevelopment of Royal Farms Arena, just one block south of the Property.

The Cushman & Wakefield Mid-Atlantic Multifamily Group is pleased to present the exclusive listing of the Historic Junker Hotel located at 20-22 E. Fayette Street in Baltimore, MD in the City’s Central Business District. The Vacant 49- Key Hotel is currently in receivership and vacant. Future ownership has the rare and immediate opportunity to reposition the Property for a variety of uses including conventional multifamily, senior housing, or medical outpatient facility. The Asset is in a Federal Opportunity Zone, and eligible for a Low-Income Housing Tax Credit (LIHTC) Conversion. The Property has received $8 Million in Capital Improvements since 2010.

Fayette Street Assemblage

0.07 Acres

16-18 and 20-22 E. Fayette Street
Baltimore, MD 21202

Type: Land

Closed: 7/13/2021

The Cushman & Wakefield Baltimore Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusive listing of the former Billig Building located at 16 E. Fayette Street in Baltimore, MD in the City’s Central Business District. The Mixed-Use Property has a vibrant ground floor retail tenant, and the second and third floors are leased to the adjacent property, The Junker Hotel. Future ownership has the rare and immediate opportunity to reposition the Property for a variety of uses including conventional multifamily, mixed-use, office senior housing, or medical outpatient facility. The Asset is in a Federal Opportunity Zone, and eligible for a Low-Income Housing Tax Credit (LIHTC) Conversion.

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16-18 E. Fayette Street

16-18 E. Fayette Street
Baltimore, MD 21202

Type: Land

Closed: 7/12/2021

The Cushman & Wakefield Mid-Atlantic Single-Family Advisory Group is pleased to present the exclusive listing of the I-695 Single-Family Portfolio. The Portfolio offers future ownership the rare opportunity to acquire a turnkey, gut renovated Single-Family Rental Portfolio with consistent net operating income, and an attractive cash on cash return. Single-Family Rentals have emerged as one of the most attractive asset classes to both institutional and private investors, with high yields and robust resident demand. The I-695 Single-Family Portfolio has a high concentration of Properties in Baltimore, Harford, and Anne Arundel Counties. Home interiors feature In-Unit Washer/Dryers, Granite Countertops, Stainless Steel and Black Appliances and New Flooring and Carpeting.

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I-695 Single Family Portfolio

66 Units

Various
Baltimore, MD 21229

Type: Single-family

Closed: 6/25/2021

The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusivel listing of Pembroke Pines in Hampton, VA. Management has made significant capital improvements to the Property in the past two years, including new plumbing, several interior unit renovations, and select new HVAC installations. Pembroke Pines offers investors a significant value-add opportunity with proven rental increases after kitchen and bath upgrades, while increasing operational efficiency. The property is being offered to an investor free and clear of debt, or with the option for a loan assumption. The 42-unit multifamily asset is less than four miles from Sentara Hospital, the second largest employer in Hampton Roads, with more than 20,000 employees in the region.

1625 W. Pembroke Avenue
Hampton, VA 23661

Type: Multifamily

Closed: 6/16/2021

The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusive listing of 10 North Charles Street in Downtown Baltimore. The Property is the former home of The Johns Hopkins Carey School of Business. Originally constructed in 1965, 10 North Charles was later renovated and repurposed in 2001 as an educational institution with the addition of a lecture hall. The Property has a distinct glass exterior and ticker tape receiving the 2001 AIA Design Award. The Property features 360° light and air and 10,000 square foot floor plates, as well as 2 Elevators. Future ownership has the rare and immediate opportunity to reposition the Property for a variety of uses including educational, office, and non-profit uses.

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10 N. Charles Street

10 N. Charles Street
Baltimore, MD 21201

Type: Land

Closed: 5/21/2021

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group was pleased to represent West Carroll Management in the refinance of their Carroll County Multifamily Portfolio. Totaling 4 Buildings and 77 units, the Properties can be classifed as Class C Workforce Housing Apartments. Our team worked on behalf of ownership to place new non-recourse debt, in the form of a Fannie Mae Small Balance Loan.

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West Carroll Portfolio (4 properties, 77 units)

16 Penn Apartments

13 Units

16 Pennsylvania Avenue
Westminster, MD 21157

West Carroll Portfolio (4 properties, 77 units)

3148 Park Avenue