Past Sales

The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusive listing of Barrington Woods in Hampton, VA. Management has made significant capital improvements to the Property in the past three years, including new plumbing, several interior unit renovations, and select new HVAC installations. Barrington Woods offers investors a significant value-add opportunity in a high rent and job growth submarket, while capitalizing upon historically low interested rates. The property is being offered to an investor free and clear of debt. The 136-unit multifamily asset is less than 2.5 miles from Sentara Hospital, the second largest employer in Hampton Roads, with more than 20,000 employees in the region.

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group was pleased to represent our client, in securing acquisition construction financing for The Fremont Apartments. Our team worked on behalf of the sponor to place new debt in partnership with a local community bank

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.

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.

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group was pleased to represent our client, in the refinance of 1504 Upshire Road. Our team worked on behalf of ownership to place new non-recourse debt, in the form of a Fannie Mae Small Balance Loan.

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusive listing of 517 S. Broadway, a residential development opportunity in the iconic Baltimore City Neighborhood of Fells Point. The Property is zoned both residential and commercial, boding well for multifamily or mixed-use contruction.

Potential developers are able to acquire land at an attractive cost basis, with approved plans. The Property is in close proximity to The Sagamore Pendry, and recently redeveloped Broadway Market, with ease of access to Thames Street nightlife attractions.

The Property is being offered for sale in conjunction with our partners at Ten-X

The Cushman Wakefield Baltimore Capital Markets Group is pleased to present the exclusive listing of 8517 Loch Raven Boulevard located in Towson, MD. The First Two Floors total 4,500 square feet, while the top floor is approximately 2,000 square feet. The first and second floors are primarily medical and office suites, while the basement has a laboratory and medical device manufacturing capabilities. Prior to Maryland Orthotics and Prosthetics, the basement was subdivided into individual offices. The Property was last occupied by Maryland Prosthetics and Orthotics, and prior to their tenure, MONY Life Insurance Company of America. 8517 Loch Raven Boulevard is viable for several uses including office, medical office, and or even a dispensary. Within a 5-mile radius of the Property, the average household income is $102,221, 15 % higher than the Maryland Average, and 70% of residents in the same radius hold a greater than a high school level of education, 8% higher than the Maryland Average.

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group was pleased to represent our client, in the refinance of 9 E. Read Street. Our team worked on behalf of ownership to place new non-recourse debt, in the form of a Fannie Mae Small Balance Loan.

The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present The Alexander Brown Building 125 located at 125 East Baltimore Street. The Property currently sits vacant and offers developers the opportunity to acquire a boutique redevelopment site, in the high growth submarket of The Central Business District where rents have grown 10%+ over the past 12 months. The submarket is over supplied with Class A Luxury premium amenity apartments, creating a void for units catering to rent-by-necessity residents rather than lifestyle renters. Several nearby developments such as 22 Light Street will focus on smaller units with urbane modern interiors, but limited amenities, offering a quality living experience at affordable prices. Developers would be well-suited to follow this thesis at AB125.

The Property offers investors an active value-add opportunity via scalable redevelopment, with zoning allowing for a total of 60 Feet of Height by Right. C-5 Zoning allows favorable/flexible zoning with the potential highest and best use as Multifamily with a first-floor retail component. The Property is ideally positioned near major employers such as Truist (SunTrust Building), Wells Fargo Tower and is directly adjacent to M&T Bank's Regional Headquarters located at One Light Street, and home to 500 white-collar employees.

The asset presents rare opportunity for a buyer to acquire a historically significant, scalable redevelopment project in a Qualified Opportunity Zone which provides investors with an ideal opportunity to realize the substantial available tax savings offered by the QOZ program.

The Cushman & Wakefield Mid-Atlantic Single-Family Advisory Group is pleased to present the exclusive listing of the Canterbury Single-Family Portfolio. The Portfolio offers future ownership the rare opportunity to acquire 52 Single-Family Rentals which have been renovated to premium levels with highly coveted interior amenities. These features include in-unit washer/dryers, granite countertops, backsplashes, updated cabinets, stainless steel appliances, modern bathrooms and new hardwood floors and carpeting. All of the homes are lead-free, and feature new mechanicals and roofs, as future ownership will enjoy virtually no deferred maintenance.

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. Nearly all of the residents receive Baltimore City Section 8 Vouchers, providing stable, guaranteed income, with consistent gradual rent increases. A large cluster of the units are within a short distance of Johns Hopkins University and Johns Hopkins Hospital, two of Baltimore's Largest Regional Employers.

The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusive listing of The Johns Hopkins Flats located at 3002 and 3026 Saint Paul Street Baltimore, MD 21218. While not contiguous, the 2 buildings and 13 units are located between East 30th and 31st Streets in rare proximity to Johns Hopkins University. The Institution enrolls more than 24,000 students and employs approximately 25,000 workers, distinguishing itself as the largest employer in Baltimore City.

Additionally, future ownership has the option to convert this conventionally leased multifamily asset into a rent-per-bed leasing model, catering to undergraduate, graduate students, and young professionals. The Properties are well-suited for light value-add kitchen and bathroom refreshes. Suggested interior unit improvements include granite countertops, stainless steel appliances and repainting kitchen cabinets.

The acquisition can be funded through the GSE Small-Balance Lending Program, which allows for higher-leverage non-recourse financing for loans of $1-$7.5Million.

The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusive listing of The Linkwood Apartments located within Baltimore’s Tuscany-Canterbury neighborhood. The Property is well-placed, equidistant from Johns Hopkins University and Loyola University Maryland, while also adjacent to Roland Park and Guilford, Baltimore City’s two preeminent residential enclaves.

The Linkwood Apartments offer investors the compelling opportunity to acquire a light value-add garden-style apartment community that feature two-bedroom units, and communal amenities such as on-site parking and laundry. Further value can be created through the cosmetic renovation of existing kitchens and bathrooms. The opportunity exists to continue operating the community as conventional multifamily housing or converting the property to student housing. Additionally, all utilities are paid by the Property except for individual electric and select RUBS Billing. Effectuating the Rubs Program consistently throughout the community, as well as billing regularly for parking can bolster existing Net Operating Income.