New Landlord Weighs Future of Apartment Complex in Northeast Baltimore

Summary


A 365-unit apartment complex in Northeast Baltimore near the Baltimore County line sold this month for $14.3 million to Virginia developer East Belvedere Realty Inc.

The company is considering knocking some of the units down to make way for commercial space, specifically medical offices that would complement nearby Good Samaritan Hospital, said Bret Hopkins, an operating manager of East Belvedere and management company Fairfax Station Enterprises LLC.

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Extract


New Landlord Weighs Future of Apartment Complex in Northeast Baltimore

While plans for the property are still tentative, Hopkins said he is entertaining a number of ideas.

Plans range from rehabilitating existing apartments with features such as central air condition...

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