Windsor House Apartments — Sale in Baltimore, MD

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Baltimore, MD 21215

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Investment Figures

Cap rate
6.33%

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

Marcus & Millichap is pleased to present Windsor House Apartments, a fully occupied multifamily investment opportunity located at 6503 Park Heights Avenue in Northwest Baltimore, Maryland. The property consists of a five-story mixed-use community featuring 61 total units, including 58 residential apartments and three commercial suites. The asset is currently 100 percent occupied, providing immediate income stability while offering opportunities for future revenue growth through continued operational optimization and strategic asset management. Windsor House Apartments has benefited from more than $600,000 in recent capital improvements, substantially reducing near-term capital expenditure requirements and positioning the property for long-term performance. Improvements include a comprehensive upgrade to the building envelope, featuring a full roof replacement, new windows, and new patio doors. Ownership has also invested significantly in the property's mechanical systems through the installation of new HVAC equipment and updated appliances throughout the community. Additionally, apartment interiors have undergone extensive refurbishment, including complete unit renovations designed to enhance resident appeal and support long-term occupancy while minimizing future maintenance obligations. The property is located within Northwest Baltimore, an established residential area characterized by stable housing demand and limited new apartment supply. Notably, there is no new multifamily construction currently underway within the immediate submarket, creating favorable supply-demand dynamics that support occupancy stability and future rental growth. The inclusion of three commercial units provides an additional layer of income diversification, complementing the residential revenue stream and enhancing the property's overall cash flow profile. The mixed-use configuration creates a balanced investment structure while maintaining exposure to the strong fundamentals of the multif

Market Context

This multifamily in Baltimore, MD is listed for sale. It is offered at an approximate 6.3% 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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