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Mixed-Use

The South Charles St. Portfolio at Federal Hill

1118 S Charles St, Baltimore, MD 21230

Listing Price: $9,500,000

Cap Rate
5.01%
Number of Units
20
Occupancy
92.9%
Price/Unit
$475,000
Price/Gross SF
$235.71
Gross SF
40,303

Investment Overview

Marcus & Millichap is pleased to exclusively represent the ownership of
The South Charles St. Portfolio at Federal Hill (the Property) for
acquisition. This is a collection of well-maintained mixed-use assets
(Multifamily & Retail) with value-add opportunity located in the heart of
Federal Hill.

The separate addresses and parcel numbers are as follows:
1118 S Charles St (APN: 23-04-0949-010), 1032-1038 S Charles St (APN:
23-03-0933-012), 1015 - 1019 S Charles St (APN: 23-04-0934B-020), 1130
S Charles St (APN: 23-04-0949-005), 1018 S Charles St (APN: 23-03-0933-
005), 1022 S Charles St (APN: 23-03-0933-007).

The properties are all located within two blocks from each other on South
Charles Street. This is a rare opportunity to acquire up to five mixed-use
buildings in historic Federal Hill, Baltimore. These properties can either
be acquired as a portfolio or separately.

The South Charles St. Portfolio at Federal Hill is directly adjacent from popular restaurants, nightlife, and retail shops. This portfolio of assets is a short walk away from the Baltimore Stadiums (M&T Bank Stadium & Camden Yards), Historic Locations (Federal Hill Park, Baltimore Museum of Industry, etc.), and Public Transit.
The portfolio features a total of 8 retail units and 20 apartments with a unit mix of (1) Studio, (8) 1 Br-1 Ba, (1) 1 Br with Den-1 Ba, (2) 1 Br with Den-2 Ba, (4) 2 Br-2 Ba, (4) 2 Br-2.5 Ba.

With over 30,000 residents within one mile radius. The portfolio’s, tenants have amplified their businesses and living experiences by choosing this location. These Properties are well maintained, attractive, inviting, and serve as a major hub in the Federal Hill community.

Investment Highlights

  • Acquire as a collective portfolio (6 Buildings) or individually.
  • The portfolio features a total of 8 retail units and 20 apartments with a unit mix of (1) Studio, (8) 1 Br-1 Ba, (1) 1 Br with Den-1 Ba, (2) 1 Br with Den-2 Ba, (4) 2 Br-2 Ba, (4) 2 Br-2.5 Ba.
  • Retail tenants include restaurants and bars, clothing shops such as fashion wear and shoes, and services such as upholstery, hair salon, and nail salon.

Exclusively Listed By

Mixed-Use

The South Charles St. Portfolio at Federal Hill

Listing Price: $9,500,000

Cap Rate
5.01%
Number of Units
20
Occupancy
92.9%
Price/Unit
$475,000
Price/Gross SF
$235.71
Gross SF
40,303

Investment Highlights

  • Acquire as a collective portfolio (6 Buildings) or individually.
  • The portfolio features a total of 8 retail units and 20 apartments with a unit mix of (1) Studio, (8) 1 Br-1 Ba, (1) 1 Br with Den-1 Ba, (2) 1 Br with Den-2 Ba, (4) 2 Br-2 Ba, (4) 2 Br-2.5 Ba.
  • Retail tenants include restaurants and bars, clothing shops such as fashion wear and shoes, and services such as upholstery, hair salon, and nail salon.

Investment Overview

Marcus & Millichap is pleased to exclusively represent the ownership of The South Charles St. Portfolio at Federal Hill (the Property) for acquisition. This is a collection of well-maintained mixed-use assets (Multifamily & Retail) with value-add opportunity located in the heart of Federal Hill. The separate addresses and parcel numbers are as follows: 1118 S Charles St (APN: 23-04-0949-010), 1032-1038 S Charles St (APN: 23-03-0933-012), 1015 - 1019 S Charles St (APN: 23-04-0934B-020), 1130 S Charles St (APN: 23-04-0949-005), 1018 S Charles St (APN: 23-03-0933- 005), 1022 S Charles St (APN: 23-03-0933-007). The properties are all located within two blocks from each other on South Charles Street. This is a rare opportunity to acquire up to five mixed-use buildings in historic Federal Hill, Baltimore. These properties can either be acquired as a portfolio or separately. The South Charles St. Portfolio at Federal Hill is directly adjacent from popular restaurants, nightlife, and retail shops. This portfolio of assets is a short walk away from the Baltimore Stadiums (M&T Bank Stadium & Camden Yards), Historic Locations (Federal Hill Park, Baltimore Museum of Industry, etc.), and Public Transit. The portfolio features a total of 8 retail units and 20 apartments with a unit mix of (1) Studio, (8) 1 Br-1 Ba, (1) 1 Br with Den-1 Ba, (2) 1 Br with Den-2 Ba, (4) 2 Br-2 Ba, (4) 2 Br-2.5 Ba. With over 30,000 residents within one mile radius. The portfolio’s, tenants have amplified their businesses and living experiences by choosing this location. These Properties are well maintained, attractive, inviting, and serve as a major hub in the Federal Hill community.

Exclusively Listed By

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