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442 Evesham Rd
Baltimore, MD 21212
Belvedere Court Student Housing · Multifamily Property For Sale
·
11 Units
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 21,648 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1990 |
| Zoning | R-5 | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 21,648 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1990 |
| Zoning | R-5 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Kitchen
- Refrigerator
ABOUT 442 EVESHAM RD , BALTIMORE, MD 21212
The Belvedere Townhomes represents an opportunity to acquire a 34 bed student housing asset in close proximity to Loyola University and Towson University. The offering includes 431, 435, 447, 449, 451, 453, and 455 Nicoll Avenue, and 442, 446, 448, and 550 Evesham Avenue. Current ownership has 11 of the 20 units and retains control of the HOA. Fully leased through the 2019-2020 academic year. Unit mix of (10) 3 Br-2.5 Ba, and (1) 4 Br-2.5 Ba. Value add opportunities exist through continuing to acquire other units in the community, repositioning management, utilizing roommate matching and social media tools tailored to student housing, potentially adding bedrooms to basement areas, and refreshing units to increase rents. Typical units include semifinished basements, in unit washer and dryers, dishwashers, wood cabinets, carpet throughout, central HVAC, and 4 units include garages. All units are separately metered for gas and electric. 1990 construction. Lead free.
