OWNED & OPERATED

Baltimore, Maryland · 140 Residences

101 Ellwood Apartments in Baltimore

An urban loft community in Baltimore

Acquired by XSITE Capital in December 2022, 101 Ellwood is a 140-residence apartment and loft community in Baltimore, Maryland. The investment offering is fully subscribed.

View Current Offering Explore the Portfolio

Exterior of 101 Ellwood apartments and lofts in Baltimore, Maryland

At a glance

Facts on the property

Property type: Multifamily
Residences: 140
Location: Baltimore, Maryland
Acquired: December 2022
Status: Owned and operated
Offering: Fully subscribed
Original target hold: Three to five years
Property management: WPM Real Estate Management

Original underwriting target: 15–18% annually^*

*Original underwriting target established at acquisition. This is not a realized return or guarantee of future performance.

101 South Ellwood Avenue, Baltimore, MD 21224

The property

Apartments and lofts in Baltimore

101 Ellwood is a 140-residence apartment and loft community in Baltimore, Maryland. XSITE Capital acquired the property in December 2022 with an original target hold period of three to five years.

WPM Real Estate Management handles the property’s day-to-day operations, while XSITE Capital oversees the asset strategy, investor reporting, and execution of the business plan.

101 Ellwood is part of XSITE Capital’s multifamily portfolio across selected U.S. markets

Distinctive character

An urban property with a recognizable identity

The property’s brick façade, large windows, and loft-style presentation give 101 Ellwood a distinct architectural character within XSITE Capital’s portfolio.

Its design and urban setting appeal to residents looking for a different experience from a conventional suburban apartment community.

See the community in photographs

Courtyard gathering space

Loft living room

The investment

A differentiated property in a major East Coast city

101 Ellwood combines a distinctive residential community with access to Baltimore’s employment, education, healthcare, retail, and transportation networks.

The investment strategy focuses on professional management, targeted property improvements, operating discipline, and the long-term positioning of the community.

The property’s regional proximity allows XSITE Capital’s asset-management team to maintain regular direct oversight.

The business plan

Improving the property and its operations

Residence improvements

Complete approved apartment and loft improvements as opportunities arise, based on the property’s renovation plan and resident demand.

Building stewardship

Maintain and enhance the building’s exterior, shared spaces, systems, and architectural character.

Operational execution

Work with WPM Real Estate Management to strengthen leasing, maintenance, expense management, and the resident experience.

Long-term evaluation

Monitor property performance, capital requirements, and market conditions throughout the planned hold period.

Learn more about XSITE Capital’s investment approach

The community in photographs

101 Ellwood apartments in Baltimore

1 / 10

The market

Baltimore, Maryland

Baltimore is a major East Coast city with employment across healthcare, higher education, research, government, professional services, logistics, and other industries.

101 Ellwood’s location connects residents with city neighborhoods, regional employers, services, and transportation throughout the Baltimore metropolitan area.

See how XSITE evaluates markets and investment opportunities

Ownership and reporting

Direct oversight and regular reporting

XSITE Capital oversees execution of the 101 Ellwood business plan and maintains direct regional access to the property from its Columbia, Maryland headquarters.

Participating investors receive regular reporting through the investor portal. Updates may cover property operations, financial performance, capital projects, residence improvements, and other material developments.

New to private real estate investing? Learn how passive real estate investing works

Questions about 101 Ellwood apartments in Baltimore

Where is 101 Ellwood located?

101 Ellwood is located at 101 South Ellwood Avenue in Baltimore, Maryland.

How many residences are at 101 Ellwood?

The community contains 140 apartment and loft residences.

When did XSITE Capital acquire 101 Ellwood?

XSITE Capital acquired the property in December 2022.

Is 101 Ellwood currently available for investment?

No. The 101 Ellwood investment offering is fully subscribed. Qualified investors can review XSITE Capital’s current offering or talk with the team about future opportunities.

Who manages 101 Ellwood?

The property is managed by WPM Real Estate Management, with XSITE Capital overseeing the asset strategy.

What was the original target hold period?

The original business plan contemplated a three-to-five-year target hold. Actual timing may differ depending on property performance, market conditions, and other relevant factors.

How does XSITE oversee the property?

The property is located within regional reach of XSITE Capital’s Columbia, Maryland headquarters, allowing the asset-management team to maintain regular direct oversight.