General Information

This is your chance to capitalize on a brand-new multifamily development in the heart of Bowie! Three of these upscale 1-bedroom, 1.5-bath lofts are already leased, with 14 additional units approved and ready to be built. Each 600 sq. ft. loft is designed with an open-concept layout, high-end finishes, stainless steel appliances, and modern styling that appeals to working professionals and lifestyle renters. With projected rents of $1,200 per month per unit, this property has a potential annual gross income of $259,200. All units are built to city code, and all concrete work has already been completed, saving time and capital on development. Located near local shops, dining, and community events, this property offers excellent tenant appeal and long-term appreciation potential. Whether you’re seeking cash flow or a strong addition to your portfolio, this turnkey project offers both.

Property Description

School Information

Map & Directions

Required Documentation

Tenant Selection Criteria

Requirement Qualifications: Your Gross Monthly Income should be three (3) times the monthly rent amount or greater and verifiable. Legally married couples and roommates may combine incomes.

Rental History: You must list your last two (2) landlord's information. You must give your current landlord a written Notice to Vacate to the prior processing of your application. Current and previous residencies must be verifiable, free of evictions, judgments, and unpaid rents. A previous breached lease may result in application denial.

Proof of Income: Submit four (4) of your most recent pay stubs. If a new hire, submit on employer's company letterhead your hire date, gross monthly income and signature of Human Resources or Supervisor. If self-employed, provide the last two (2) year's tax returns or 1099's.

Credit History: To determine satisfactory credit worthiness, we obtain a report from a credit-reporting agency. A bankruptcy must be discharged for at least two (2) years.

Criminal History: No one convicted of a violent or property crime, or any felony, will be approved.

Prior to move in, tenants may be required to provide proof of Renter's Insurance listing the landlord as an Additional Insured.