Located in DC-2 Zoning, site consists of two contiguous parcels for a total of 0.46 +/- acres. The current structure is comprised of 18 class C multifamily units ranging is size. Total building size is +/- 11,000sf. Owner reported data show a near complete occupancy. Rents in-line with market expectations and turnover with capital improvements as necessary. Unit mix is comprised of mainly studios and one bedrooms, which inherently demand higher $/sf rent.
Adjacent to Innovation District & Central Arts District
3 block from (2) Publix Grocery Stores
DC-2 Zoning 125' height and 60,000sf FAR (up to) 150' and 100,000 FAR
Benefit from Johns Hopkins All Children's expansion (200 new employees)
Only 2 blocks from proposed 150,000sf new office development (UPC Expansion)

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