Baltimore, MD – January 9, 2024 – Hyatt Commercial is thrilled to announce its exclusive offering of a meticulously stabilized 95-unit residential rental portfolio in and around Baltimore City. This exceptional opportunity presents investors with a portfolio that has undergone substantial capital investments and tenant quality improvements, setting the stage for future growth and enhanced operating efficiency.
The portfolio comprises 65 single-family rental properties, 12 duplex properties, and 2 triplex properties, demonstrating a diverse and well-balanced asset mix. With an impressive 99% occupancy rate, the only remaining vacancy is a property in its final stages of renovation. With normalized portfolio expenses, the current owner projects a substantial 39% increase in net operating income over the next 12 months.
Prospective buyers have the flexibility to evaluate this offering as one comprehensive package sale or in three distinct groupings, each labeled Portfolio West, East, and South. In our comprehensive Offering Memorandum and Diligence Package, potential investors will have access to crucial information, including a detailed property list, property specifics, location insights, demographic data, historical financials, seller budgeted financial projections, and a comprehensive 10-year hold underwriting proforma.
Furthermore, the package provides valuable insights into underwriting assumptions and potential debt financing terms, making this offering an invaluable opportunity for investors seeking a carefully curated residential rental portfolio in the thriving Baltimore City market.
Cecil Cummins and Eric Pinkett, agents at Hyatt Commercial, are dedicated to providing unparalleled expertise and guidance throughout the acquisition process. With their extensive knowledge of the local market and this portfolio’s unique attributes, they are well-equipped to assist prospective buyers in realizing the full potential of this investment opportunity. View details at: buildout.com/website/BALTCITYPORTFOLIO
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