125 West Saratoga Street, Baltimore, MD 21201

Harbor Stone Advisors is pleased to present Saratoga Lofts, a gut-renovated luxury asset located in Downtown Baltimore City. The property is conveniently situated within a 10-minute walk of three major local employers: Mercy Medical Center, University of Maryland Medical Center (UMMC), and UMMC Midtown Campus.

The building comprises 19 spacious apartments, featuring a mix of (5) one-bedroom and (14) two-bedroom units. Most units are bi-level layouts and include private balconies. Originally converted from a church in 2015 with a condo-grade design, the property has undergone a comprehensive renovation. Typical unit finishes include stainless steel appliances, granite countertops, wood cabinetry, hardwood/tile/carpet flooring, and in-unit washer/dryers. Residents also benefit from unique amenities for a property of this size, including a fitness room with a sauna, a storage room, and a gated surface parking lot with 8 spaces.

The opportunity exists for a new owner to organically increase rents at Saratoga Lofts. Furthermore, there is significant potential to expand the existing water reimbursement program; currently, only a few units participate, allowing for its implementation across all units upon renewal and/or new lease.