Upton Courts
1506 Pennsylvania Ave, Baltimore, MD, 21217
180 units
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the opportunity to acquire Franklin Square (the “Property”), a 154-unit, newly constructed apartment and townhome community. Each apartment is complete with luxury finishes and spacious layouts, averaging 1,196 square feet. Additionally, the community features 9,792 square feet of ground floor, resident-driven retail space, highlighted by Vortex Brewing Company, located in New Freedom, York County, Pennsylvania. The city of New Freedom is located just over the MD/PA border and 25 minutes to York and suburban Baltimore amidst I-83’s rapid growth of more than 46.5 million square feet of industrial inventory since the start of 2021.
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Attributes
Number of units
154
Occupancy
96%
Year built
2020
Rentable area
17,118 m²
Media
Investment Highlights
- Newly Constructed Core-Plus Asset
- Positive Leasing Performance
- Lack of Supply
- Additional Amenity Opportunity
- Strong Fundamentals
- Proximate to Suburban Baltimore & York PA
Contact brokers
Franklin Square (0 Properties)
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Last updated
25 Sep 2024
