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Multifamily

Guilford Hall

300 E University Parkway, Baltimore, MD 21218

Listing Price: $3,500,000

Cap Rate
5.27%
Number of Units
24
Price/Unit
$145,833

Investment Overview

Marcus & Millichap is please to present the exclusive listing of Guilford Court, a Tudor style building consisting of 24 apartments located in the Charles Village neighborhood of Baltimore City, Maryland. The property is comprised of one, four-story brick apartment building and includes six studio apartments, ten one-bedroom apartments, and eight two-bedroom apartments. The current owner has a passion for historic architecture and preservation and has maintained the charming and unique elements of the property. Recent improvements include a new roof in 2015, renovated central hallways and stairwell, a laundry room in the basement, new kitchens in approximately twenty of the apartments, a new water heater and steam boiler in 2020. Charles Village, located in northern Baltimore City, is characterized by its charming Victorian townhomes, mid-rise apartment buildings, and restaurants on the St. Paul’s Street corridor. Johns Hopkins University, with a total enrolment of approximately 24,000 students, is considered one of the most prestigious universities in the world, ranking among the top ten universities in nursing, medicine, chemistry, and physiology. Union Memorial Hospital, located across the street from Guilford Hall, is another major employer in the area. Tenants have easy access to additional employment centers in the central business district and the surrounding suburbs. This property is available individually or as part of the Anneslie St. James Portfolio including two additional properties: St. James Court and Cedar Hill Apartments.

Investment Highlights

  • 5.39% Cap Rate
  • Below Market Rents
  • Great Location

Exclusively Listed By

Listing Price: $3,500,000

Cap Rate
5.27%
Number of Units
24
Price/Unit
$145,833

Investment Highlights

  • 5.39% Cap Rate
  • Below Market Rents
  • Great Location

Investment Overview

Marcus & Millichap is please to present the exclusive listing of Guilford Court, a Tudor style building consisting of 24 apartments located in the Charles Village neighborhood of Baltimore City, Maryland. The property is comprised of one, four-story brick apartment building and includes six studio apartments, ten one-bedroom apartments, and eight two-bedroom apartments. The current owner has a passion for historic architecture and preservation and has maintained the charming and unique elements of the property. Recent improvements include a new roof in 2015, renovated central hallways and stairwell, a laundry room in the basement, new kitchens in approximately twenty of the apartments, a new water heater and steam boiler in 2020. Charles Village, located in northern Baltimore City, is characterized by its charming Victorian townhomes, mid-rise apartment buildings, and restaurants on the St. Paul’s Street corridor. Johns Hopkins University, with a total enrolment of approximately 24,000 students, is considered one of the most prestigious universities in the world, ranking among the top ten universities in nursing, medicine, chemistry, and physiology. Union Memorial Hospital, located across the street from Guilford Hall, is another major employer in the area. Tenants have easy access to additional employment centers in the central business district and the surrounding suburbs. This property is available individually or as part of the Anneslie St. James Portfolio including two additional properties: St. James Court and Cedar Hill Apartments.

Exclusively Listed By

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