Peleton St., Hagerstown, MD 21740

Harbor Stone Advisors is pleased to present Burhans Village, a newly constructed townhome rental community located in Hagerstown, MD. The property is conveniently situated just two minutes from Downtown Hagerstown, providing residents with easy access to a walkable main street filled with shops, restaurants, and breweries. The local area also features a vibrant community life with various annual events.

Completed in 2023, Burhans Village consists of (54) 3 Br-2 Ba luxury townhomes designed with high-end finishes. Each spacious residence is equipped with modern features such as stainless steel appliances, granite countertops, wood cabinetry, in-unit laundry facilities, and a combination of carpet and vinyl plank flooring.

Investment potential at Burhans Village includes the ability to organically raise rents. Additionally, a new owner may enhance the property's value by introducing new resident amenities, such as a playground or a dog park. Burhans Village has pre-existing debt that can be assumed. The current balance is $10,530,000 with a 5.74% interest rate and maturity of January 2032.