Hampshire House
28 Unit Apartment Building | For Sale | Baltimore, MD 21215
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
- Property Type
-
Multifamily
- Square Feet
- 30,544 SF
Listing Contacts
Justin Verner
Verified Profile
Brooks Healy
Verified Profile
Tom Wohlgemuth
Verified Profile
- Property Info
Property Overview
Online Auction to be held on Auctioneers website. Bidding begins Thursday, August 22nd and ends on Tuesday, August 27th, 2024 at 2:00PM.
Harbor Stone Advisors and Alex Cooper Auctioneers are pleased to present Hampshire House Apartments, a mid-rise asset with value add potential located in Upper Park Heights. Hampshire House Apartments features a mix of (4) Studios, (8) 1 Br-1 Ba, (15) 2 Br-2 Ba, and (1) leasing office. Property amenities include a surface parking lot, balconies for some units, three garages, and on-site laundry facility. Typical unit features consist of white/black appliances, formica countertops, wood cabinets, and carpet/laminate/tile flooring. Current ownership has also replaced the elevator.
The opportunity exists for a new owner to renovate all of the units at Hampshire House, with a suggested scope of black/stainless steel appliances, granite countertops, updated bathrooms, plank flooring throughout, and modern hardware/fixtures. Comparable properties nearby are achieving rents at least $200 higher than the Subject property. A new owner can also bring the leasing office online as a rentable unit and convert the garages to either an amenity space or additional units.
Harbor Stone Advisors and Alex Cooper Auctioneers are pleased to present Hampshire House Apartments, a mid-rise asset with value add potential located in Upper Park Heights. Hampshire House Apartments features a mix of (4) Studios, (8) 1 Br-1 Ba, (15) 2 Br-2 Ba, and (1) leasing office. Property amenities include a surface parking lot, balconies for some units, three garages, and on-site laundry facility. Typical unit features consist of white/black appliances, formica countertops, wood cabinets, and carpet/laminate/tile flooring. Current ownership has also replaced the elevator.
The opportunity exists for a new owner to renovate all of the units at Hampshire House, with a suggested scope of black/stainless steel appliances, granite countertops, updated bathrooms, plank flooring throughout, and modern hardware/fixtures. Comparable properties nearby are achieving rents at least $200 higher than the Subject property. A new owner can also bring the leasing office online as a rentable unit and convert the garages to either an amenity space or additional units.
Property Details
- Class
- C
- Year Built
- 1960
- Stories
- 4
- Lot Size (sq. ft)
- 28,750 SF
- Units
- 28
Highlights
- Mid-Rise Asset with Value Add Potential in Upper Park Heights
- Significant Potential to Increase Rents Via Renovation Program
- Excellent Location in NW Baltimore
Nearby Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].