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Description

Hagerstown, at the intersection of I-70 and I-81 in Western Maryland, is one of the fastest growing regions in Maryland.  Acquiring the Northspring Rental Community represents an outstanding opportunity to own a valuable asset that will provide positive investment returns for many years to come.  With 63% occupancy as a result of aging ownership, there is a tremendous opportunity to make repairs and improvements to upgrade the appeal and performance in this community.  For example, current rents are 20% to 50% below what better maintained properties command in this market. Unit mix is well balanced at 25% one-bedroom, 50% two-bedroom, and 25% three-bedroom units. Property is certified lead-free.

  • Address: 1400 Haven Rd
  • City: Washington County
  • State/county: Maryland
  • Country: United States

Detail

Updated on April 19, 2019 at 5:30 pm

  • Units: 104
  • Property Type: Apartment Building
  • Property Status: For Sale - COMP

Contact info

Ben Frederick Realty
Ben Frederick Realty

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