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1101 1/2 Ramblewood Rd
Baltimore, MD 21239
Yorkewood Apartments · Multifamily Property For Sale
·
286 Units
Investment Highlights
- 286-Unit Value-Add Opportunity | ~10% Stabilized Yield
- 73 renovated rent-ready units and 18 heavy turns, offering a clear path to materially increase occupancy and revenue.
- $3.5M Invested | 154 Units Renovated
- Large-scale multifamily community with centralized on-site leasing, driving operational efficiency and lower per-unit costs.
- $215/Unit Rent Gap to Market
- Potential to convert lower-level spaces, increasing density and overall income.
Property Facts
| No. Units | 286 | Lot Size | 5.18 AC |
| Property Type | Multifamily | Building Size | 465,843 SF |
| Property Subtype | Apartment | Average Occupancy | 88% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1948/2024 |
| Zoning | R050 | ||
| No. Units | 286 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.18 AC |
| Building Size | 465,843 SF |
| Average Occupancy | 88% |
| No. Stories | 3 |
| Year Built/Renovated | 1948/2024 |
| Zoning | R050 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Dining Room
- Window Coverings
Site Amenities
- Business Center
- Laundry Facilities
- Playground
- Property Manager on Site
- Package Service
- Recycling
- Storage Space
- Maintenance on site
- Online Services
Property Taxes
| Parcel Number | 5138A-757 | Improvements Assessment | $6,086,900 |
| Land Assessment | $451,000 | Total Assessment | $6,537,900 |
Property Taxes
Parcel Number
5138A-757
Land Assessment
$451,000
Improvements Assessment
$6,086,900
Total Assessment
$6,537,900
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