Why Invest in Real Estate in Baltimore?
If you’re looking to create a secure and highly lucrative financial future there is no better place in the country to invest in Real Estate right now than in Baltimore, MD. Possibly the only place in the nation right now where 30% returns are the norm rather than the exception.
But don’t just take our opinion, let’s let the facts speak for themselves.
The city is booming with so much economic growth from the Port of Baltimore, Red Line Mass Transportation, I-95 Intermodal Land-Sea-Air Container Transportation, new and renovated housing starts (Over 4,000 homes in new construction), massive new school construction, former office and industrial buildings being converted to mixed use-multi-family and retail, water and sewer utility upgrades and Harbor Point Development to name a few.
All totaled over the next ten years as much as $10 billion will be invested by private and public concerns to assist in the revitalization of the city.
Harbor Point, the 27 acre water front project being developed by Beatty Development is a mixed use office, retail, hotel and new headquarters location for Exelon Corporation. Exelon Corporation is one of the largest public energy and utility companies in America and one of the most diverse inclusive when it comes to total corporate spend. In addition, to Exelon Corporation the new tower will house street level retail with a skyscraper hotel and residential living.
Known worldwide as home to Under Armour, Morgan Stanley, T. Rowe Price, Pepco, The Johns Hopkins Hospital, Science Center and the University of Maryland Medical System, the city is also recognized for outstanding public and private educational opportunities and a highly educated and talented workforce.
With the federal government recently moving one of their offices into Baltimore, that coupled with the rising costs of Real Estate in Washington, DC and Baltimore’s close proximity to the nations capitol is making Baltimore Real Estate continually more appealing to the population of over 4 million people that live in the DMV area.
Appreciation of Real Estate in Baltimore is also substantially higher than the national average.
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