Osprey Property Companies Acquires Prescott Square Apartments In Pikesville For $10.1M

The $10.1 million sale of Prescott Square Apartments, a 77-unit garden apartment complex located at 4400 Old Court Rd. in Pikesville, Baltimore County, was facilitated by Harbor Stone Advisors. The property features 2-bedroom, 2-bathroom units with amenities such as patios or balconies, spacious closets, and recent capital improvements including roof replacements and entryway renovations.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,100,000
• Units: 77
• Price per Unit: $131,169
• Buyer: Osprey Property Companies
• Brokers: Brooks Healy, Justin Verner & Tom Wohlgemuth - Harbor Stone Advisors

Harbor Stone Advisors President Justin Verner, Director Brooks Healy, and Senior Advisor Tom Wohlgemuth played key roles in representing both the seller and the buyer, Osprey Property Companies, in the transaction.