Lynch Cove

• Unique Middle-Market Opportunity to Acquire a 23 Townhome Rental Community in Dundalk
• • Unit mix consists of all 3 Br-1.5 Ba townhomes
• • All townhomes have a rear parking area and tenants are responsible for all utilities
• • Typical unit features consist of white appliances, laminate countertops, wood cabinets, and carpet/vinyl plank flooring
• Ability to Substantially Increase Rents at Least $180
• • Opportunity exists for a new owner to organically increase rents
• • There is also an opportunity to further expand upon the interior scopes of all units by adding stainless steel appliances, updated cabinets, and modern hardware and fixtures to further generate rental premiums
• Excellent Location in Baltimore County
• • Close proximity to the industrial and logistics hub of Baltimore
• • Easy access to to I-695, I-895, and less than a 20 minute drive to the Inner Harbor
• • Major area employers nearby: Amazon, Johns Hopkins Bayview Medical Campus, Port of Baltimore, CCBC Dundalk

Property Description

2011 Barry Rd | Dundalk, MD 21222Harbor Stone Advisors is pleased to present Lynch Cove Townhomes, a unique middle-market investment opportunity located in Dundalk, MD. The community consists of (23) well-maintained 3 Br-1.5 Ba townhomes. Typical unit features consist of white appliances, laminate countertops, wood cabinets, and carpet/vinyl plank flooring.The opportunity exists for a new owner to organically increase rents, as they are under market. Similar properties nearby are achieving rents at least $180 higher than the Subject property. Additionally, there is an opportunity for a new owner to further expand upon the interior scopes of all units by adding stainless steel appliances, updated cabinets, and modern hardware and fixtures to further generate rental premiums.