Johns Hopkins Grad & Music Student Housing Portfolio — Sale in Baltimore, MD

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Baltimore, MD 21202

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Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The opportunity to acquire 300 S. Ann Street and 5 E. Franklin Street presents investors with two recently renovated Baltimore properties available individually or as a combined portfolio. Both properties have maintained 100% occupancy over the past several years. Together, the assets are offered at $2,000,000 and are projected to generate approximately $140,096 of Year 1 Net Operating Income, representing a 7.00% capitalization rate. Together, both properties benefit from diversified income streams, extensive recent capital improvements, and highly desirable locations that are well-positioned to benefit from continued investment, population growth, and educational demand throughout Baltimore City. The portfolio offers a compelling combination of immediate cash flow, contractual rent growth, and long-term appreciation potential, providing investors with an attractive balance of stability and upside. 300 S. Ann Street is projected to generate approximately $65,604 of Year 1 NOI and benefits from a long-term retail tenancy extending through December 2032 with scheduled annual rent increases and real estate tax reimbursement. The property has undergone substantial capital improvements including a new roof, new kitchen, new electric service, new gas service, restored floors, new lighting, new bathrooms, and new fixtures, substantially reducing anticipated near-term capital expenditure requirements for future ownership. The residential component has historically attracted graduate students, young professionals, and music students seeking private accommodations within Baltimore's vibrant urban environment, while the retail tenancy provides an additional layer of stable income supported by annual contractual rent growth. 5 E. Franklin Street is projected to generate approximately $74,492 of Year 1 NOI and has similarly benefited from extensive upgrades including a new roof, new HVAC system, new kitchens, new bathrooms, new flooring, new lighting, new fixtures, facade repai

Market Context

This multifamily in Baltimore, MD is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Baltimore, MD — view the full market.

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