- For Sale Contact for pricing
- Property Type Other
- Units 34
- Additional Rent Contact for pricing
- Date Updated Dec 18, 2024
3701 Clarks Ln. Baltimore, MD 21215
Harbor Stone Advisors and Alex Cooper Auctioneers are pleased to present Clarksview Apartments, a multifamily asset with value add potential in Upper Park Heights. The property is located near the Baltimore County line with easy access to Downtown Baltimore and neighboring areas such as Pikesville and Mt. Washington. Clarksview Apartments features expansive floorplans with a unit mix of (30) 2 Br-1 Ba and (4) 3 Br-1.5 Ba units. Property amenities include a surface parking lot, balconies for some units, and on-site laundry facility. Typical unit features consist of white appliances, formica countertops, wood cabinets, and carpet/laminate/tile flooring. Clarksview Apartments also has 8 NEDs units as part of a HAP contract that runs through February 2027. They are rented as 1 Br-1 Ba units but are true 2 Br-1 Ba units.
The opportunity exists for a new owner to renovate all of the units at Clarksview Apartments, 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 $300 higher on average than the Subject property. Other value add opportunities include converting the NEDs units to market rate 2 bedrooms at HAP contract expiration, renovating the down unit to either a 2 bedroom or office unit, and adding an amenity to the green space such as a dog park or playground.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Multifamily Asset with Value Add Potential in Upper Park Heights
- Features expansive floorplans with a unit mix of (30) 2 Br-1 Ba and (4) 3 Br-1.5 Ba units
- Property amenities include a surface parking lot, balconies for some units, and on-site laundry facility
- Typical unit features consist of white appliances, formica countertops, wood cabinets, and carpet/laminate/tile flooring
- Significant Potential to Increase Rents Via Renovation Program
- Opportunity exists for a new owner to renovate all of the units, 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 $300 higher on average than the Subject property
- Other value add opportunities include converting the NEDs units to market rate 2 bedrooms at HAP contract expiration, renovating the down unit to either a 2 bedroom or office unit, and adding an amenity to the green space such as a dog park or playground
- Excellent Location Near Baltimore County Line
- Easy access to I-695; multiple public transportation options nearby such as bus stops and the Reisterstown Plaza metro station
- Major area employers nearby: Sinai Hospital, Social Security Administration
- Major area colleges nearby: Stevenson University, Towson University, Loyola Blakefield, Goucher College
False
Contacts
Location
Getting Around
-
Walk Score ®
57/100
Somewhat Walkable
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Transit Score ®
65/100
Good Transit
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Bike Score ®
47/100
Somewhat Bikeable
- City Baltimore, MD
- Neighborhood Glen
- Zip Code 21215
- Market Baltimore
Points of Interest
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Reisterstown Plaza
0.68 miles
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Mount Washington
2.37 miles
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Cold Spring Lane
2.64 miles
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Falls Road
2.72 miles
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Old Court
2.83 miles
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Woodberry
3.27 miles
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Penn–North
4.28 miles
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Upton
4.85 miles
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North Avenue
4.97 miles
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Mount Royal / MICA
5.28 miles
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Arco
0.38 miles
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Citgo
0.38 miles
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Carroll Motor Fuels
0.46 miles
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Sunoco
0.56 miles
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Exxon
0.61 miles
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CIF
0.64 miles
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Crown
0.72 miles
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Shell
0.93 miles
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SemaCharge
1.96 miles
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ChargePoint
2.70 miles
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D
0.76 miles
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C
0.78 miles
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Cylburn Parking Garage
1.78 miles
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Maryland State Police Headquarters
1.97 miles
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Lower Lot
2.21 miles
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D-1 Garage
2.22 miles
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Mt. Washington Conference Center Visitor Lot
2.24 miles
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Davis Building Visitor Lot
2.31 miles
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Davis Garage
2.35 miles
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Mount Washington Park & Ride
2.36 miles
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Red Carpet Inn
0.51 miles
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Casa de Roberto Romero Villalta
1.57 miles
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Mt. Washington Conference Center
2.26 miles
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Delta Hotels Marriott
2.55 miles
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Ramada Pikesville/Baltimore North
2.69 miles
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DoubleTree by Hilton Baltimore
2.73 miles
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Hampton Inn & Suites Baltimore/Woodlawn
3.80 miles
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Best Western
3.83 miles
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Super 8
3.98 miles
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Rodeway Inn
4.07 miles
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Giorgio's Restaurant
0.42 miles
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Papa John's
0.43 miles
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Panda Express
0.49 miles
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Burger King
0.49 miles
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Dunkin'
0.50 miles
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Wingstop
0.50 miles
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KFC
0.53 miles
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Taco Bell
0.54 miles
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Checkers
0.58 miles
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Tropical Smoothie Cafe
0.58 miles
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Bnos Yisoel School
0.11 miles
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Womens Institute of Torah Seminary
0.38 miles
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Baltimore Hebrew University
0.40 miles
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Cross Country Elementary School
0.47 miles
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Beth Jacob School
0.53 miles
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Fallstaff Elementary/Middle School
0.68 miles
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Baltimore City Community College
0.70 miles
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Arlington Elementary School
0.76 miles
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Northwestern High School
0.76 miles
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Millbrook Elementary School
1.06 miles
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The New Rogers Avenue Day Nursery
1.08 miles
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Ner Tamid Montessori Preschool
1.25 miles
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Goddard
2.51 miles
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Kiddie Calvert
2.62 miles
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Homewood Early Learning Center
4.31 miles
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Mema's Early Learning Center LLC, License
4.74 miles
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Bright Stars Learning Center
4.75 miles
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Saint Paul's Plus
4.79 miles
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Bolton Hill Nursery
5.19 miles
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Sherman Early Childhood Center
5.23 miles
Frequently Asked Questions
The sale price for Clarksview Apartments is available upon request. Contact the listing broker for more information.
Clarksview Apartments totals 2 square feet.
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