Garden-Style Apartment
3912 W Northern Pkwy Baltimore, MD 21215
3912 W Northern Pkwy, Baltimore, MD, 21215
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For Sale
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Apartment complex of five buildings with 50 total units, on-site parking, and on-site laundry facilities.
Days on Market90
Property Features for 3912 W Northern Pkwy
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Alex Cooper Auctioneers, Inc
(410) 977-4711
Listed by
Matthew Cooper · License #MD 594308
Source
Crexi
Added: Apr 24 Updated: Jul 21 at 4:08PM Checked: Jul 22 at 4:04AM
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Investment Insights
Based on property information with market context.
This garden-style apartment complex consists of five buildings totaling 50 units in the “Glen” community of Baltimore City. The property offers on-site parking and on-site laundry facilities. The unit mix includes 20 one-bedroom units and 30 two-bedroom units. Typical finishes include carpet and tile floors for basement units and wood and tile floors for above-grade units, with drywall walls and ceilings and some ceiling fans. Each unit is self-contained with gas-fired forced air heating, central air conditioning, and gas-fired hot water heaters. Units are separately metered for gas and electric, with tenants responsible for those utilities, and many tenants pay a flat fee for water as extra rent. The complex is MDE Certified Limited Lead-Free.
The complex is located near the intersection of W. Northern Parkway and Reisterstown Road. According to the owner, the property has a MEEHA grant intended to cover capital improvement items, with qualification tied to 20% of the units being at 80% AMI.
Recent improvements include HVAC replacements, plumbing upgrades, electric/break up upgrades, masonry improvements, landscaping, common area lighting, appliance replacements, and turnover improvements for vacant units. A diligence package is available in the document section, including a rent roll, lead certificate, MFD licenses, and the purchase and sale agreement with addenda.
The complex is located near the intersection of W. Northern Parkway and Reisterstown Road. According to the owner, the property has a MEEHA grant intended to cover capital improvement items, with qualification tied to 20% of the units being at 80% AMI.
Recent improvements include HVAC replacements, plumbing upgrades, electric/break up upgrades, masonry improvements, landscaping, common area lighting, appliance replacements, and turnover improvements for vacant units. A diligence package is available in the document section, including a rent roll, lead certificate, MFD licenses, and the purchase and sale agreement with addenda.
Key Highlights
- Apartment complex of five buildings with 50 total units near the intersection of W. Northern Parkway and Reisterstown Road in Baltimore City’s “Glen” Community.
- 82% current occupancy with gross scheduled monthly rent of $47,071 and gross scheduled annual rent of $564,852.
- Gross potential rent at full occupancy: $66,800/month and $801,600/year (based on full occupancy).
Property Analytics
Location Intelligence
Current Use by Public Records
Embassy Insurance
Insurance Agency
Hilltop Garden Apartments
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FAQs
What type of property is this?
Apartment building - Apartment complex of five buildings with 50 total units, on-site parking, and on-site laundry facilities.
Where is this apartment building located?
The property is located at 3912 W Northern Pkwy Baltimore, MD.
What are key features of this property?
This property features: Apartment complex of five buildings with 50 total units near the intersection of W. Northern Parkway and Reisterstown Road in Baltimore City’s “Glen” Community.; 82% current occupancy with gross scheduled monthly rent of $47,071 and gross scheduled annual rent of $564,852.; Gross potential rent at full occupancy: $66,800/month and $801,600/year (based on full occupancy).
