Clarksview Apartments

Attachments

• clarksviewapartments.sharplaunch.com (PDF) opens in new window

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

Location

Getting Around

• Walk Score ®

  57/100 Somewhat Walkable

• Transit Score ®

  65/100 Good Transit

• Bike Score ®

  47/100 Somewhat Bikeable

Points of Interest