Laurel Portfolio (Laurel Gardens, KC Terrace & The Berkeley)

Offered by the original developer, a rare opportunity to acquire new apartment construction with $747/unit value-add potential and exemption from PG County rent control.

Ideal Realty Group is excited to introduce the exclusive listing of Laurel Gardens, The Blakeley, and KC Terrace, collectively referred to as “the Property.” Situated just 0.4.miles from each other, these three properties are offered together as a single portfolio. Laurel Gardens was constructed in 2016-2018, KC Terrace in 2010, and The Blakeley at the end of 2001, all by a tenured Laurel developer.

Builder grade finishes are mostly used throughout these well-built assets, giving investors a rare opportunity to acquire newer construction that offer value-add cosmetic upgrades with multiple comps supporting a boost in rental income by an average of $747 per unit.

The portfolio includes 8 two-bedroom/one-bath units and 122 two-bedroom/two-bath units with 963 sf averages. These three-story walk-up buildings are conveniently positioned near Main Street, just a short stroll from the Laurel MARC Station, over 100 retail options including Food Lion and bust stop access.

Nestled in the thriving Baltimore-Washington Corridor and an emerging hub for cybersecurity jobs, the portfolio stands out as an ideal residence for professionals in the ever-growing, high-paying STEM (Science, Technology, Engineering, and Mathematics) sector.