
Midfield Realty Delivers
A seamless Sale Near Johns Hopkins University
The Challenge
The owner of an 18-unit building in Charles Village near Johns Hopkins University wanted to sell his property. However, he was concerned that if tenants found out about the sale, they might stop paying rent or move out, which could jeopardize the property's value. At the same time, the owner wanted to maximize the sale price while showcasing the property's full potential. Achieving a seamless sale near Johns Hopkins University was a top priority, ensuring both tenant confidentiality and the property's optimal value.
The Solution
Yaakov Kanevsky of Midfield Real Estate approached the owner with a tailored solution. Yaakov proposed privately listing the property to a select group of local property owners he had built relationships with over the years. This approach would keep the sale discreet, ensuring the tenants remained unaware while still attracting qualified buyers who understood the property's value.
The Execution Of The Strategy
Through the private listing process, Yaakov was able to secure an offer that met the owner’s financial expectations while maintaining discretion. The property sold for $3,250,000, equating to $180,555.56 per unit. Throughout the process, Yaakov handled showings, inspections, and negotiations with great care, addressing any concerns that arose to ensure the deal progressed smoothly. His hands-on approach ensured a seamless transaction from listing to closing.
“I’m incredibly impressed with Yaakov’s strategy and professionalism in handling the sale of my property near Johns Hopkins University. His discreet approach ensured my tenants were unaware of the sale, and his expertise helped me achieve an excellent price. I couldn’t have asked for a better experience from start to finish.”