Belmont Station is a premier Class A garden apartment community featuring best-in-class amenities including a 6,500 square foot clubhouse, pool, and fitness center. The units are spacious (1,122 SF average) with modern and diverse floor plans. Attractive design features include two-level stone facades, two-tone vinyl siding, secured enclosed entryways, and elevators in select buildings.
Belmont Station is strategically located in Howard County, the third wealthiest county in the country. It offers easy access to both Washington, DC and Baltimore Metro Areas via Route 295, I-95, I-895, and I-97, and is a mere 10 minute drive from Fort Meade (42,000+ jobs by 2015). The property is also in close proximity to BWI Airport and Train Station. Dorsey MARC Station is two miles from the property.
Historically, the property has averaged 97% occupancy since 2010, leaving ample room for future rental growth. There are other value add and operational opportunities including potential unit upgrades, amenity fees and corporate units.