Why Baltimore Multifamily Value-add Investments Are Hot

Why Baltimore Multifamily Value-add Investments Are Hot

Buying and renovating older Class B and C apartment buildings has proved to be a good strategy for widening the renter demand pool. Savvy investors working value-add opportunities seek to improve older buildings. The strategy typically is to raise rents with certain improvements that attract residents who want more than a typical, aging Class B or C property but can’t afford to pay the type of rent currently being charged for new Class A apartments.