Igleside Gardens | Woodlawn, MD
The venture of Zapolski Real Estate and ONC (partnership of Javelin 19 Real Estate, Longford Management and Cove Investments) acquire Ingleside Gardens, a mid-sized garden asset located in Woodlawn, MD. Ingleside Gardens is located at 1625-1631 Ingleside Avenue and consists of 40 units with a mix of (16) 1 Br-1 Ba and (24) 2 Br-1 Ba. The experienced team will renovate the property (value add) by: replacing/repairing the roofs; repaving/repairing the parking lot; improving the storage units, the laundry area, and the common areas; renovating the units; repairing the HVAC; and improving the landscaping. The team assumed financing at a very competitive rate.
Ingleside Gardens is located in the Baltimore County neighborhood of Woodlawn just north of Catonsville, convenient to strong employers: the headquarters of the Social Security Administration, the Centers for Medicare and Medicaid Services, and the Maryland Rehabilitation & Orthopaedic Institute (largest provider of orthopedic surgery, inpatient rehabilitation hospital, and provider of rehabilitation services in the state of Maryland). Further, the property is minutes to a significant number of retailers, including Chic-fil-A, Starbucks, CVS, Home Depot, and Giant grocery store. Further, the property is just 9 minutes from Gwynns Falls Park, the second largest woodland park in the United States. The access is stellar, as the property is just a 18 minute drive to Downtown Baltimore, with close proximity to I-95 and I-695.