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Informations principales sur l'investissement
- Opportunity to Acquire a Mid-Sized Asset in Hagerstown, MD
- Excellent Location in Washington County
- Ability to Increase Rents With or Without Additional Renovations
Résumé analytique
Harbor Stone Advisors is pleased to present 24 Broadway, a multifamily asset with value add potential located in the vibrant heart of Downtown Hagerstown. This unique asset offers 6 units with a mix of (1) Studios, (4) 1 Br-1 Ba, and (1) 2 Br-1 Ba. The property provides excellent amenities, including a 3-space surface parking lot, laundry room, and a 2 car garage. Residents benefit from its prime location, which is within easy walking distance of numerous local shops, restaurants, breweries, and community events. Typical unit features consist of white/stainless steel appliances, wood cabinets, formica countertops, and LVT/hardwood flooring.
Current ownership has renovated all of the units at 24 Broadway over the last few years with a mixed scope of updated appliances, new cabinets, resurfaced countertops, updated bathrooms, LVT flooring, and modern hardware/fixtures. The opportunity exists for a new owner to organically increase rents or perform a light renovation on select units by installing stainless steel appliances, granite countertops, and LVT flooring in units without. Comparable properties nearby are achieving rents 10% higher on average. There is also an ability to lease the garage for additional rental revenue as it is currently vacant, as well as evaluate the implementation of a water reimbursement program upon renewal and/or new lease.
Current ownership has renovated all of the units at 24 Broadway over the last few years with a mixed scope of updated appliances, new cabinets, resurfaced countertops, updated bathrooms, LVT flooring, and modern hardware/fixtures. The opportunity exists for a new owner to organically increase rents or perform a light renovation on select units by installing stainless steel appliances, granite countertops, and LVT flooring in units without. Comparable properties nearby are achieving rents 10% higher on average. There is also an ability to lease the garage for additional rental revenue as it is currently vacant, as well as evaluate the implementation of a water reimbursement program upon renewal and/or new lease.
Informations sur l’immeuble Sous contrat
| Prix | 559 689 € | Classe d’immeuble | C |
| Prix par lot | 93 282 € | Surface du lot | 0,1 ha |
| Type de vente | Investissement | Surface de l’immeuble | 455 m² |
| Nb de lots | 6 | Nb d’étages | 3 |
| Type de bien | Immeuble residentiel | Année de construction/rénovation | 1893/2026 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,11/1 000 m² |
| Style d’appartement | De faible hauteur | Zone de développement économique [USA] |
Oui
|
| Zonage | R2 | ||
| Prix | 559 689 € |
| Prix par lot | 93 282 € |
| Type de vente | Investissement |
| Nb de lots | 6 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,1 ha |
| Surface de l’immeuble | 455 m² |
| Nb d’étages | 3 |
| Année de construction/rénovation | 1893/2026 |
| Ratio de stationnement | 0,11/1 000 m² |
| Zone de développement économique [USA] |
Oui |
| Zonage | R2 |
1 1
Moyennement praticable à pied
60/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100
Taxes foncières
| Numéro de parcelle | 22-011731 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 263 973 € |
Taxes foncières
Numéro de parcelle
22-011731
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
263 973 €
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24 Broadway | 24 Broadway
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