Why Baltimore?
Baltimore is one of the Top 20 largest MSAs in the U.S. and saw a net increase of 60,000 new jobs in the last year alone. In 2022, Baltimore announced an extensive redevelopment initiative to “completely re-imagine” and revitalize Harbor Place–the centerpiece of the city’s downtown waterfront! (Baltimore Sun). Baltimore home prices increased 10% last year (FHFA.gov) and rents have also been increasing year over year (Realtor.com). Baltimore is one of the most advantageous cash flow markets in the U.S. right now and Attom Data recently ranked it as one of the Top 5 U.S. cities for the “highest potential annual gross rental yields”.
Property Highlights
- Fully Renovated Single Family Homes
- Tenants and Local Property
- Management in Place at Closing
- 200K Average Purchase Price
- 7% Average Cap Rate
Market Highlights
- Full Revitalization of Baltimore Harbor Place Began in 2022 (Baltimore Sun)
- Ranked Top 5 U.S. Cities for the “Highest Potential Annual Gross Rental Yields” (Attom Data)
- Ranked “Top 5 Best U.S. Cities to Find Work” (Careerist.com).
- Net Increase of over 60,000 jobs last year (BLS.gov)
- 10% Home Price Appreciation Last Year (FHFA.gov)