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1712 Waverly Way
Baltimore, MD 21239
The Renaissance Club · Multifamily Property For Sale
·
515 Units
Investment Highlights
- 515-unit, value-add, garden-style community located in the heart of Baltimore
- 20% Rent growth & 94%+ occupancy since 2020
- Attractive 3.2% assumable, fixed-rate HUD loan or a Free & Clear option
- Long-term stability, future rent growth, value appreciation offered at a significant discount to current replacement cost
Property Facts
| No. Units | 515 | Building Size | 438,720 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1950/2008 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Lot Size | 32.59 AC | ||
| Zoning | R-5 | ||
| No. Units | 515 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 32.59 AC |
| Building Size | 438,720 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built/Renovated | 1950/2008 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | R-5 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Ice Maker
- Refrigerator
- Oven
- Tub/Shower
- Carpet
- Window Coverings
Site Amenities
- 24 Hour Access
- Clubhouse
- Fitness Center
- Pool
- Property Manager on Site
- Tenant Controlled HVAC
- Pet Play Area
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 268 | - | 450 - 660 |
| 2+1 | 246 | - | 750 |
| 3+1 | 1 | - | 1,115 |
Property Taxes
| Parcel Number | 5210D-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $14,066,033 |
Property Taxes
Parcel Number
5210D-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$14,066,033
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