Fully Occupied Mixed Unit Apt. Building
$955,000
18 W Franklin St, Baltimore, MD 21201
9,466 sqft
Building Size
0.0957 acres
Lot Area
Details:
Highlights:
- Fully Occupied: Mixed-unit apartment building with consistent occupancy and an established income stream.
- Strong Cash Flow: Produces stable, immediate rental income supported by a proven operating history.
- Attractive 6.63% Cap Rate: Offers investors a compelling current return profile.
- Below-Market Rents: Existing rents provide meaningful upside potential through future rent increases.
- Long-Term Growth Potential: Combines immediate cash flow and stability with opportunities to enhance revenue and overall property value.
Description:
Fully Occupied Mixed-Unit Apartment Building | Strong Investment Opportunity
K & M Commercial is pleased to exclusively offer this fully occupied mixed-unit apartment building, presenting an attractive opportunity for investors seeking stable, income-producing real estate. The property benefits from consistent occupancy, established cash flow, and a compelling 6.35% capitalization rate. Current rents remain below market, providing meaningful upside potential through future rent adjustments and improved revenue performance. With a proven income stream and additional value creation opportunities, this asset offers an appealing combination of stability, immediate cash flow, and long-term growth potential.
Discover the vibrant potential of the thriving Baltimore, MD neighborhood surrounding this sought-after property. Located in the heart of the city, the area offers a blend of historic charm and modern amenities to appeal to multifamily and high-rise investors. A short distance away, explore iconic attractions such as the Inner Harbor, renowned for its waterfront dining, entertainment, and shopping. Nearby, the historic Mount Vernon cultural district beckons with its world-class museums, theaters, and restaurants, adding to the allure of the location. With its rich history and dynamic urban energy, this area presents an exciting investment opportunity for multifamily and high-rise developers.
Documents:
| Title | ||
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| Offering_Memorandum.pdf |
Location
Gallery
