- For Sale Contact for pricing
- Property Type Other
- Units 27
- Additional Rent Contact for pricing
- Date Updated Nov 4, 2024
201 S Conkling St. Baltimore, MD 21224
Harbor Stone Advisors is pleased to present the unique opportunity to acquire Imperial at Conkling, a gut-renovated asset located in the Highlandtown neighborhood of Baltimore City. The property is located a mile away from some of the best retail, dining and nightlife the city has to offer, including Mobtown Brewing Company, Canton Crossing Shopping Center, and O'Donnell Square. Imperial at Conkling is also just a 6 minute drive from the Johns Hopkins Medical Center Bayview Campus.
Imperial at Conkling features 27 units with a mix of (1) Studio, (21) 1 Br-1 Ba, and (5) 2 Br-2 Ba. The property also has gated parking, a media club room, a pet washing station, and controlled access. Prior ownership completed a gut renovation of the property in 2017 which included converting the former schoolhouse into luxury apartments. Typical unit features consist of stainless steel appliances, granite countertops, hardwood/ceramic tile flooring, in-unit washer/dryers, and high-end finishes. Prior ownership also updated all of the mechanical systems.
The opportunity exists for a new owner to organically increase rents as similar properties nearby are achieving rents at least 20% higher on average. Imperial at Conkling also has an existing CHAP Tax Credit that runs through the 2026-2027 tax year.
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Attachments
Highlights
- Unique Opportunity to Acquire a Gut-Renovated Asset in Highlandtown
- Features 27 units with a mix of (1) Studio, (21) 1 Br-1 Ba, and (5) 2 Br-2 Ba
- Property also has gated parking, a media club room, a pet washing station, and controlled access
- Typical unit features consist of stainless steel appliances, granite countertops, hardwood/ceramic tile flooring, in-unit washer/dryers, and high-end finishes
- Minimal Deferred Maintenance for a New Owner
- Prior ownership completed a gut renovation of the property in 2017 which included converting the former schoolhouse into luxury apartments and updaing all mechanical systems
- New owner can focus on organically increasing rents at least 20%
- Property has an existing CHAP Tax Credit that runs through the 2026-2027 tax year
- Excellent Location in East Baltimore; 6 Minute Drive to Johns Hopkins Bayview Campus
- Ranked a Walker's Paradise by WalkScore; a short walk to a variety of retail and dining options
- Easy access to major interstates I-895, I-95, and I-695; convenient access to other neighborhoods such as Canton and Fells Point
- Major area employers nearby: Johns Hopkins Hospital (Main and Bayview Campuses), Kennedy Krieger Institute, Amazon, Morgan Stanley
- Major area colleges nearby: Johns Hopkins University Schools of Medicine, Nursing, Public Health, and Business
False
Contacts
Location
Getting Around
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Walk Score ®
96/100
Walker's Paradise
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Transit Score ®
70/100
Excellent Transit
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Bike Score ®
82/100
Very Bikeable
- City Baltimore, MD
- Neighborhood Highlandtown
- Zip Code 21224
- Market Baltimore
Points of Interest
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Johns Hopkins Hospital
1.52 miles
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Shot Tower
2.00 miles
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Charles Center
2.38 miles
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Baltimore Arena
2.71 miles
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Camden Street
2.73 miles
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Camden Station
2.74 miles
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Stadium / Federal Hill
2.80 miles
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Mount Vernon
2.81 miles
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Lexington Market
2.81 miles
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Baltimore Penn Station
2.86 miles
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Royal Farms
0.47 miles
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Carroll Motor Fuels
0.56 miles
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Eagle
0.57 miles
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Shell
0.61 miles
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US Fuel
0.64 miles
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BP
0.84 miles
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BJ's Gas
0.86 miles
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Tesla Supercharger
0.95 miles
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Blink
1.03 miles
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ChargePoint
1.59 miles
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Triad Lot
0.85 miles
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Mason F. Lord Lot
0.96 miles
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Mid-Campus Lot
1.06 miles
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Employee Parking
1.16 miles
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Union Wharf Garage
1.17 miles
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Washington Hill Lot
1.23 miles
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East Parking Garage
1.26 miles
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Jefferson Street Lot
1.29 miles
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301 Parking
1.30 miles
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Inn at 2920
0.66 miles
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The Inn at Henderson's Wharf
1.21 miles
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Best Western Plus Hotel & Conference Center
1.29 miles
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Sagamore Pendry Baltimore
1.32 miles
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Admiral Fell Inn
1.39 miles
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Residence Inn
1.47 miles
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The Inn at the Black Olive
1.53 miles
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Tru
1.62 miles
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Hyatt Place Baltimore/Inner Harbor
1.62 miles
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Courtyard
1.68 miles
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Sally O's
0.09 miles
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Filippo's Pizzeria
0.10 miles
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Spartan Pizzeria Restaurant
0.13 miles
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DiPasquale’s Italian Marketplace
0.14 miles
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K&D Restaurant
0.16 miles
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No. 1 Restaurant
0.17 miles
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Pupuseria El Salvador
0.17 miles
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El Puerto Jarocho
0.18 miles
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Chicken Rico
0.19 miles
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Matthew's Pizza
0.20 miles
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Highlandtown Elementary/Middle School No. 215
0.17 miles
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Highlandtown Elementary/Middle School No. 237
0.25 miles
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Hampstead Hill Elementary School
0.42 miles
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The Baltimore Montessori
0.54 miles
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Patterson Park Public Charter School
0.60 miles
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Saint Elizabeth School
0.63 miles
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St. Casimir's School
0.67 miles
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Southeast Baltimore Catholic Academy Father Kolbe Campus
0.73 miles
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John Ruhrah Elementary/Middle School
0.93 miles
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Holy Rosary School
1.00 miles
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Celebree
0.73 miles
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Dynamic Deliverance Childcare Center
0.86 miles
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Kiddie Academy
1.98 miles
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Saint Vincent de Paul Head Start
2.03 miles
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Dayspring Head Start Harford Heights
2.14 miles
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Bright Beginnings
2.28 miles
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All My Children Child Care Center
2.45 miles
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Charles Plaza Child Care & Development
2.50 miles
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Downtown Baltimore Child Care, Inc.
3.03 miles
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Play Workz Learning Center
3.06 miles
Frequently Asked Questions
How much does The Imperial at Conkling cost?
The sale price for The Imperial at Conkling is available upon request. Contact the listing broker for more information.
What is the total square footage of The Imperial at Conkling?
The Imperial at Conkling totals 28 square feet.
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