6807 Park Heights Ave
Baltimore, MD 21215

The Canterbury House Apartments represent a unique opportunity to acquire a 52 unit mid-rise asset in the desirable Upper Park Heights neighborhood of Baltimore. Unit mix consists of (11) 1 Br-1 Ba, (2) 2 Br-1 Ba, (38) 2 Br-2 Ba apartments and (1) office suite. Average apartment rent of $1,033 and $1.32 PSF. Rent includes heat, hot and cold water, along with 1 private parking space. Typical apartment features include central heating and air, some updated kitchens and bathrooms, a mix of laminate wood floors and carpeting, dishwashers, microwaves, patios or balconies, and spacious walk in closets. Renovated lobby and common halls. Tenant amenities include covered parking, guest parking, storage units, laundry on each floor, elevator access, controlled access to the property, and a community lobby. Certified lead free. Canterbury House is centrally located in close proximity to suburban Pikesville and Downtown Baltimore. Value add possibilities exist through bringing longer term tenants to market rent, updating non-renovated units, and adding to tenant amenities via build out of club room and / or gym in lower level. Located in the desirable Upper Park Heights neighborhood of Baltimore City, just south of the Baltimore County line. Upper Park Heights, located minutes from Pikesville in Northwest Baltimore, is one of the area's most established and stable residential communities, consisting of single-family homes, duplexes, condominium and apartment communities. Religious institutions and both private and public schools are a vital part of this community. A 3-minute drive to Reisterstown Plaza, which is home to notable retailers including Giant, Home Depot, and Marshall's. Many casual eateries located minutes away. A 9-minute drive to the shops at Festival at Woodholme, which consists of boutiques, a spa, restaurants, Pier 1 Imports, Trader Joes, Barnes & Noble, and a Starbucks. Pimlico Race Course and Sinai Hospital are in close proximity. Two reputable country clubs with golf courses located nearby. The subject property is walking distance to the conveniences of Reisterstown Road, one mile to I-695, one mile to the nearest Metro stop, two miles to Northern Parkway, and three miles to I-83. A 19-minute drive to downtown Baltimore. Multiple MTA Bus stops within blocks.