Layton Limited Partnership Sells Glen Arms Apartments In Baltimore For $2,073,750

A multifamily property located at 3405 Glen Avenue, 3409 Glen Avenue, and 5901 Doverdale Drive in Baltimore, MD, has been sold for a total of $2,073,750. The asset consists of 21 units, with a price per unit of $98,750. The transaction involved an auction process managed by brokers from Harbor Stone Advisors and Alex Cooper Auctioneers, representing the seller Layton Limited Partnership.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,073,750
• Units: 21
• Price Per Unit: $98,750
• Seller: Layton Limited Partnership
• Brokers: Justin Verner, Brooks Healy, Tom Wohlgemuth & Kevin Landolphi - Harbor Stone Advisors; Larry Cooper - Alex Cooper Auctioneers

The sale of Glen Arms Apartments was a strategic move facilitated by a team of experienced brokers. Harbor Stone Advisors played a significant role in the auction process, highlighting their expertise in managing multifamily property transactions, while Alex Cooper Auctioneers contributed with their auction capabilities to reach potential buyers effectively.