The Devonshire apartment community has been loved and cared for by a single owner for over 30 years, but it's in need of repairs and renovations.
This area is in need of more high-quality, affordable housing. Help us provide just that to residents of Baltimore County.
Conveniently located near I-695 and I-795; numerous shopping centers located within a 2 mile radius
Major area employers nearby: Northwest Hospital, CareFirst, T. Rowe Price
Major area colleges nearby: Stevenson University, Towson University, Loyola University
1.7 X average annual return
17.65% average annual return
6% preferred returns for all passive investors
75% of cashflow will go to passive investors, 25% will go to the operations team
Extremely experienced operations team with very strong track record
Eligible for Self-Directed IRA investments
Eligible for depreciation tax benefits
When people think of strong rental markets, they often consider places like New York, Washington D.C., or Miami. But there’s one market that savvy investors are quietly paying attention to: Baltimore.
Unlike some Sunbelt cities that have experienced rent declines and oversupply issues, Baltimore remains a stable and resilient multifamily market with strong renter demand and steady rent growth【source: ApartmentBuildings.com】.
If you’ve overlooked Baltimore before, now is the time to rethink its potential as a highly investable market for multifamily real estate.
One of the biggest challenges in real estate investing is market volatility. In places like Austin and Phoenix, rents have dropped due to an oversupply of new apartments, causing concerns for investors.
Baltimore is different. According to Harbor Stone Advisors, rent growth in Baltimore is keeping pace with neighboring cities like Washington, D.C., Richmond, and Norfolk【source】.
What’s driving this stability? The steady job market, fueled by government jobs, healthcare, and education, ensures consistent demand for rental housing.
Future outlook: Rents are expected to continue rising into 2025 and beyond, especially as new development slows down【source】.
For investors, this means Baltimore offers less volatility and strong rental income potential compared to trend-driven boom-and-bust markets.
One concern in any market is overbuilding—too many new apartments can flood the market, lowering rents and increasing vacancy rates.
✔ In Baltimore, construction has been strong in recent years, especially downtown and along the waterfront.
✔ However, that’s changing. New apartment permits have dropped by 60% compared to the last eight-year average【source】.
✔ What does this mean? By 2026-2027, fewer new buildings will be coming online, creating higher demand for existing properties.
For investors, this presents an opportunity: Buy now while supply is still available, and benefit from increasing rental demand in the next few years.
Baltimore benefits from a built-in demand for rental housing, thanks to its stable employment sectors:
Healthcare ("Meds") – World-renowned medical institutions like Johns Hopkins Hospital attract thousands of professionals and students who need rental housing.
Education ("Eds") – University of Maryland Baltimore, Johns Hopkins University, and UMBC contribute a steady flow of renters looking for convenient, well-located housing.
Government & Public Sector Jobs – Federal and state employees provide a reliable tenant base, ensuring steady occupancy even during economic downturns【source】.
This combination of high-demand industries helps Baltimore maintain low vacancy rates and strong rental demand—a key factor for investors seeking long-term stability.
After a slowdown in 2023 due to rising interest rates, Baltimore’s multifamily investment market is picking back up【source】.
✔ Peak investment years: 2021 and 2022 saw record-breaking sales.
✔ Slowdown in 2023: Many investors hit pause due to interest rate uncertainty.
✔ 2024 and beyond: Buyer and seller expectations are aligning again, leading to increased deal activity【source】.
Where’s the biggest opportunity? Investors are focusing on value-add properties—existing apartments that can be upgraded for increased cash flow.
For investors willing to buy now, future refinancing opportunities could present major upside if interest rates drop.
Baltimore offers a much lower entry price than D.C., Philadelphia, and New York.
Higher rental yields: The lower cost of purchasing means investors can see higher cash-on-cash returns compared to pricier East Coast metros.
For passive investors, Baltimore syndications offer a unique opportunity—allowing you to invest in professionally managed multifamily deals without being a landlord.
Curious about investing in Baltimore? Let’s talk! Schedule a free consultation today.
Baltimore’s stability, strong rental demand, and increasing investment activity make it one of the best markets for multifamily real estate in 2025.
Key Takeaways for Investors:
✔ Steady rent growth with less volatility than boom-and-bust cities.
✔ Limited new construction will keep rental demand high.
✔ Strong job market with high demand for rentals near major employment hubs.
✔ Multifamily investment activity is increasing again, making now a strong entry point.
✔ Affordable pricing compared to nearby cities, offering high cash flow potential.
Want to learn how to passively invest in Baltimore’s multifamily market?
Schedule a free call with me today!
📌 Source: "Baltimore's a Case Study for Multifamily Stability" – ApartmentBuildings.com
📌 Important Disclaimer:
Tiffany Ward is not a financial advisor or real estate broker. This blog is for informational purposes only. Investors should conduct their own due diligence and consult with professionals before making investment decisions.
Owning apartments comes with it’s own unique set of advantages - including powerful tax incentives that keep more money in your pocket.
Real estate is less volatile and has historically outperformed the stock market making it ideal for long-term growth.
The beauty of owning large apartment communities is utilizing professional property management to handle all of the day to day operations and maintenance.
When we leverage the buying power of a group of investors we can buy larger, more stable properties with higher upside potential.
NOTE: The information presented on this website, including but not limited to projected returns, financial estimates, and investment opportunities, is provided for informational purposes only and should not be construed as an offer to sell, a solicitation to buy, or a recommendation for any security or investment strategy.
Forward-Looking Statements:
Any statements regarding projected returns, future financial performance, or expected market conditions are forward-looking statements and involve certain risks and uncertainties. Actual results may vary significantly due to market fluctuations, economic conditions, operational risks, and other factors beyond our control. We make no guarantees, representations, or warranties—express or implied—regarding the accuracy, completeness, or reliability of such projections.
No Investment, Legal, or Tax Advice:
Nothing on this website should be considered investment, legal, or tax advice. Investors should conduct their own due diligence and consult with their financial, tax, and legal advisors before making any investment decisions. Investments in real estate syndications and private placements are speculative, illiquid, and involve a high degree of risk, including the potential loss of principal.
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Any investment offerings referenced on this website may be conducted under Regulation D, Rule 506(b) or 506(c) of the Securities Act of 1933, which require investors to be accredited investors as defined by the U.S. Securities and Exchange Commission (SEC). Participation in such offerings may require verification of accredited investor status and compliance with applicable securities laws.
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Past performance is not indicative of future results. Investment returns, distributions, and cash flow are not guaranteed and may be subject to market risks, operational challenges, and unforeseen circumstances that could impact investment performance. By accessing this website and any investment materials provided, you acknowledge and agree that Tiffany Ward, Utmost Capital Group, and any affiliated entities are not liable for any financial losses or investment decisions based on the information presented.