Investment Overview

A unique opportunity to acquire a shovel ready property at 2334 Guilford Avenue in Baltimore, MD. This charming and central location will provide expansive park and city views, with curated luxury living options reserved for Baltimore’s best boutique buildings, where each unit is expertly designed to emphasize indoor/outdoor living space functionality. Located minutes from the prestigious Johns Hopkins University Main Campus in the Old Goucher Neighborhood, this national historic district may qualify the existing building for rehab credits. A rare opportunity for any multi-family developer looking to add a highly sought after property to their portfolio. Tax Credit Potential: - Federal Historic Preservation Tax Incentive Program - Maryland Rehabilitation Tax Credit Program - Baltimore City Historic Preservation Tax Credit - Maryland Historic Revitalization Tax Credit Program - Federal Tax Credit for Income-Producing Properties - Baltimore Development Corporation (BDC) High Performance Rental Housing Tax Credit Grant Potential: - BDC Façade Improvement Program - Historic Preservation Capital Grant Program - Grant Funding may be available for developers who partner with eligible non-profit organizations to sponsor the project; Community Legacy and Baltimore Regional Neighborhood Initiative are potential sources Financing Potential: - Potential Flexible Loan Financing may be through Neighborhood BusinessWorks - Central Baltimore Partnership is the local Community Development Corporation (CDC) that typically sponsors development projects in the neighborhood Schemes: Option 1: All Apartments, 5 floors Option 2: Apartments (4 floors) above Ground Floor Commercial Space