Harbor Stone Advisors is pleased to present Townhomes at River Crossings, a rare middle-market investment opportunity located in Essex, MD. The property consists of (65) 2 Br-1 Ba townhomes and multiple amenities including a clubhouse with management office, fitness center, dog park, courtyard, laundry center, and on-site surface parking. Current ownership has renovated 72% of the units at Townhomes at River Crossings with a scope of black/stainless steel appliances, resurfaced countertops, updated cabinets, updated bathrooms, and vinyl plank flooring. In addition to renovations, the current owner has also updated the landscaping, refreshed the dog park, and added new property signage. The opportunity exists for a new owner to renovate the remaining 28% of classic units and increase rents. Similar properties in the area that have undergone renovations are achieving rents at least 15% higher on average. A new owner can also lease to more voucher tenants in order to generate even higher rents and certainty of rental income. Over the last few months, current ownership has leased renovated units to voucher tenants at rents $140 higher than those achieved by new market tenants. Townhomes at River Crossings has pre-existing debt that can be assumed. The current loan balance is $9,716,000 with an interest rate of 5.31%. The loan matures in 2030 and I/O through March 2026.