Maryland

Maryland is home to some of the nation’s most diverse neighborhoods including the Strathmore and Fillmore, two world-class performance venues and several regional and national parks.

Maryland is nationally known for its skilled & educated workforce, world class higher education institutions, and modern infrastructure.  Maryland stands proudly at the heart of the Eastern Seaboard giving residents and businesses quick access to some of the nation’s leading transportation including the Port of Baltimore, two Class I freight rail lines, and immediate access to the major thoroughfares I-95 and I-70.  Maryland offers a variety of financial incentives through tax credits, grants, and loans to bring business to the state.

Maryland is home to some of the nation’s most diverse neighborhoods including the Strathmore and Fillmore, two world-class performance venues and several regional and national parks.

MARKET OVERVIEW

Baltimore, MD MSA

Home to more than 2.8 million people, the Baltimore-Columbia-Towson, MD MSA is the 21st most populated metro in the nation and an integral part of the Baltimore–Washington Combined Statistical Area. Greater Baltimore is centrally located in the Mid-Atlantic region with easy access via highways, port, rail, and air travel, making it highly attractive to both residents and businesses. As the economic center of Maryland, Baltimore is driven by the growth of a varied industry base ranging from health care, education, information technology, defense contracting, life sciences and biotechnology, cyber security, financial services, and other industries in need of highly-skilled workers. The Baltimore MSA produced nearly $206 billion (FY 2020) in GDP, accounting for more than half of Maryland’s GDP. The region boasts a highly educated population, prominent schools and universities, low unemployment and high incomes, and a modest cost of living. Excellent transit connectivity is available to the largest urban regions in the Northeast Corridor with Washington, D.C. and Philadelphia located within a convenient 45-minute drive of Greater Baltimore. In addition, Baltimore is one of only four Eastern U.S. ports with a 50-foot shipping channel and a 50-foot container berth, allowing it to accommodate some of the largest container ships in the world. While Baltimore Washington International Thurgood Marshall Airport (BWI) remains one of the busiest in the country, with nearly 19 million passengers in 2021.

Eastern Shore

  • Name of Asset: Old Virginia Rd
  • Number and type of asset: 6 unit Multi-Family Townhomes
  • Description of asset:
    • 400-410 Old Virginia Road consists of six 3bd/1.5ba two story townhomes.
  • Projected returns: 12% CoC / 23.39% AAR / 19.39% IRR / 135.34% Total Returns
  • Property Management Company
  • Managed By: E .White Contracting