Baltimore, MD – Harbor Stone Advisors has orchestrated the sale of Chase Street Apartments, 24 units with average rents of $1,592. Harbor Stone Advisors President, Justin Verner, Director, Brooks Healy, Senior Advisor, Tom Wohlgemuth, and Advisor, Kevin Landolphi served as exclusive advisors to the seller.
Chase Street Apartments is located in the historic Mount Vernon neighborhood, one of Baltimore’s oldest and most culturally rich areas, home to iconic institutions like the Walters Art Museum, George Peabody Library, and the original Washington Monument. The area offers a blend of historic charm and modern convenience, with boutique shops, cafes, and top restaurants like Sotto Sopra and Restaurante Tio Pepe just steps away. Residents benefit from unmatched walkability and close proximity to Maryland Institute College of Art (MICA) and The Peabody Institute of The Johns Hopkins University. Major transit options nearby include Penn Station, as well as LightRail and Metro Subway stations.
Verner noted, “Our team is pleased to announce another successful value-add transaction in Mount Vernon. We sourced an off market buyer looking to expand their scale in the area”.
About Harbor Stone Advisors
Harbor Stone Advisors specializes in middle-market multifamily investment sales throughout the Mid-Atlantic. 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