|Number of units||347|
347-unit high-rise multifamily asset located at 225 North Calvert St in Baltimore, Maryland. The 17 story, Class A apartment building is strategically situated on the northern edge of Baltimore’s prestigious CBD/Inner Harbor submarket. 225 North Calvert is adjacent to Mercy Hospital, which employs over 2,100 people. The Property offers residents seamless access to major highways (I-83, I-395 and I-95 via S Calvert St), public transportation and the Baltimore Metro Area’s CBD.
- Strategic Baltimore Location - Residents have easy access to major highways (I-83, I-295, and I-95 via S Calvert St)
- Demand Drivers - Close proximity to Baltimore’s fast-growing CBD Office market, with over 31MM SF and 5.2MM SF Retail within one mile of the property
- Below Replacement Cost with Achievable Upside - opportunity to acquire a newly built trophy asset below replacement costs with significant operational upside
- Top Tier Amenities - 225 N Calvert offers a rooftop terrace with a pool, lounge outfitted with a fireplace, bar, game room, multimedia theater and 5,600 SF health club with 3 studios for spinning, yoga & HIIT