The Douglas at Constant Friendship

Investment Highlights

The Douglas was acquired as part of a 6 property portfolio which is located throughout the Baltimore Metropolitan Area. The proven value-add strategy of this property will be through bringing all unit interior finishes up to a consistent and modern TruAmerica standard. To capture additional upside, community amenity improvements will be carried on with a targeted but robust approach. This combined renovation scope will yield rent premiums and an attractive return on cost.

Property Highlights

Ideally situated near I-95, this property is primed to reap the benefits of the surrounding economic engine that is, the Aberedeen Proving Ground. The Proving Ground and the auxiliary cluster of federal contractors, as well as the Upper Chesapeake Health System, provide significant demand for rental housing driven by their more than 19,000 employees.  Also equidistant to two MARC commuter rail stations, Arborview benefits from multiple commuting options to Baltimore and Washington, DC.

Amenities

  • Clubhouse
  • Fitness Center
  • Tennis Courts
  • Swimming Pool
  • Sun Deck
  • Grilling Area
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