Address: 1100 Falls Hill Drive, Baltimore
Listing Price: $1.12 million
Property type: Multifamily
Units: 32 (possibly)
Contact: Justin Verner, broker SVN Commercial Real Estate Advisors
This space takes a little imagination.
This fully entitled apartment development opportunity is on the market for $1.12 million. Current plans for the building call for a “modern, sustainable and efficient building,” with units featuring “spacious open plan units, with kitchen islands and private decks” and a dedicated parking space for each apartment.
This potential development, at 1100 Falls Hill Drive, is located in the Hoes Heights neighborhood in Baltimore, just a short distance from the popular Hampden community with various amenities, such as shopping, bars and restaurants.
By right a developer can construct a 32-unit apartment building about 39,000 square feet in size.
Justin Verner, broker at SVN Commercial Real Estate Advisors, said that some details about the development proposal are still being hammered out with the surrounding communities.
He added that if a buyer doesn’t emerge the current owner will follow through and develop the property with the current plans.