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Garden-Style Apartment Community
For Sale
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Pending

1712 Waverly Way, Baltimore, MD 21239

Garden-style multifamily community offering 515 units and financing flexibility with an assumable fixed-rate HUD loan option.

Property SizeContact for details
Days on Market122

Property Features for 1712 Waverly Way

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 515

Building Details

Construction garden-style
Listing Agency: Walker & Dunlop, Inc Headquarters
Listed By: Scott Doyle · License #SP200204729
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Aug 11 at 2:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Walker & Dunlop, Inc Headquarters

Investment Insights

Based on property information with market context.

The Renaissance Club is a 515-unit, garden-style apartment community presented by Walker & Dunlop Investment Sales, LLC (WDIS). The offering is positioned as a value-add opportunity, with the remarks noting market rents below direct comps and untapped value-add upside.

The property is described as located in the Loch Raven neighborhood of Baltimore, Maryland, with direct access to the Inner Harbor, Towson, and major thoroughfares, supporting convenient connectivity to leading employers, hospitals, shopping centers, restaurants, and local attractions.

The transaction includes financing flexibility, with an attractive 3.2% assumable, fixed-rate HUD loan option, as well as a Free & Clear option.

Key Highlights

  • 515‑unit, garden‑style multifamily community in the Loch Raven neighborhood of Baltimore, MD
  • Investment financing flexibility includes a 3.2% assumable, fixed‑rate HUD loan option
  • Alternate acquisition option available: Free & Clear

Property Analytics

Current Use

The Renaissance Club Apartments Apartment Complex Allen & Rock Inc Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

515
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby

Demographics for 21239, MD

26,605
Population
12,621
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
93%
High-School Grad
2.9 sq mi
ZIP Area
9,174
Density / Sq Mi
$64,288
Median Household Income
$48,424
Median Earnings
$1,337
Median Rent
$191,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Garden-style multifamily community offering 515 units and financing flexibility with an assumable fixed-rate HUD loan option.
Where is this apartment building located?
The property is located at 1712 Waverly Way Baltimore, MD.
What are key features of this property?
This property features: 515‑unit, garden‑style multifamily community in the Loch Raven neighborhood of Baltimore, MD; Investment financing flexibility includes a 3.2% assumable, fixed‑rate HUD loan option; Alternate acquisition option available: Free & Clear
More about this property
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