Harbor Stone Advisors, a Mid-Atlantic leader in multifamily investment sales, has brokered the sale of 1712 Madison Ave, 6 units located in the Madison Park neighborhood of Baltimore. The asset has a unit mix of (1) Studio, (3) 1 Br-1 Ba, and (2) 2 Br-1 Ba units that were fully renovated in 2006. Harbor Stone Advisors President, Justin Verner, and Senior Advisor, Brooks Healy, served as exclusive advisor and agent to the seller in the transaction.

1712 Madison Avenue is located in the Madison Park neighborhood of western Midtown Baltimore. Walking distance to Maryland Institute College of Art (MICA), one of the country's premier art schools, with an enrollment of 3,500. University of Baltimore is also within close proximity and has an enrollment of 5,627 students. Blocks to the premier Baltimore neighborhoods of Mount Vernon and Bolton Hill. Convenient access to public transportation, with both metro and light rail stops nearby. Minutes to I-83, and a 10-minute drive to Downtown Baltimore. Baltimore Penn Station, with access to Amtrak trains and the MARC commuter train to Washington D.C., is located in close proximity. Penn Station is set to receive a $90M redevelopment, which will include the addition of retail, residential, and office space.

About Harbor Stone Advisors:

Harbor Stone Advisors specialize in middle-market multifamily investment sales throughout the Mid-Atlantic. Advisory services include value opinions, asset dispositions and marketability analysis for private clients, owners, investors and financial organizations.? ?For additional information visit www.harborstoneadvisors.com.