In the Baltimore-Washington region, Class B/C apartments – built in the last 15-30 years or more, with mid-level overall quality – comprise about 60 percent of the total rentals on the market. In the mid-Atlantic region, these apartments have extremely low vacancy rates, even though demand for affordable apartments in the area is high.
That’s why Enterprise Homes is acquiring, upgrading and closely managing Class B/C apartment properties, creating new affordable options for low- and moderate-income people. We’re bringing apartments from Class B/C up to Class B+/B in these areas:
- Central Maryland
- Washington, D.C.
- Northern Virginia
- Southern Pennsylvania