Harbor Stone Advisors has been awarded the assignment to market Green Street Apartments, a 12-unit multifamily asset in Westminster, Maryland. Harbor Stone Advisors President, Justin Verner, Director, Brooks Healy, and Senior Advisor, Tom Wohlgemuth, are marketing the property.
The property, located at 664 and 667 Green Street, features (5) 1 Br-1 Ba, (5) 2 Br-1 Ba, (1) 3 Br-1 Ba, and (1) 3 Br-2 Ba units. Typical unit features consist of black/stainless steel appliances, granite/ hard surface countertops, wood cabinets, carpet/tile/plank flooring, and some in-unit washer/dryers.
Current ownership renovated half of the units over the last few years with a scope of stainless steel appliances, granite countertops, new kitchen cabinets, and updated bathrooms. The opportunity exists for a new owner to renovate the remaining units to further increase rents.
Green Street Apartments is located steps from the Chesapeake Bay waterfront in Havre De Grace, a quaint suburban town located in Harford County. Several small businesses and restaurants are within walking distance of the property, and residents enjoy easy access to Havre De Grace Elementary, Middle, and High School. In addition to its suburban location, Green Street Apartments is within a short drive of several major employers. Harford County is an ever-growing hub for industrial tenants, and is currently home to distribution centers for many major retailers including Amazon, Rite Aid, and Kohl’s. The county’s largest employer, Aberdeen Proving Ground, hosts over 22,000 employees
and is a 20 minute drive away. The property is also within commuting distance of Baltimore City, a metro area that hosts some of Maryland’s largest employers such as Johns Hopkins Hospital and several major financial institutions. Harbor Stone Retained as Exclusive Advisor to Market Green Street Apartments, 12 Units in Harford County
About Harbor Stone Advisors
Harbor Stone Advisors specializes in middle-market multifamily investment sales throughout the MidAtlantic. Advisory services include value opinions, asset dispositions and marketability analysis for private clients, owners, investors and financial organizations. For additional information, visit: www.harborstoneadvisors.com