Senior Housing in Baltimore, Maryland's Historic Bolton Hill Neighborhood

1600 W. Mt Royal Avenue
Baltimore, MD 21217


Rental Information,
Amenities, and Floorplans


ACQUISITION / PRESERVATION / REDEVELOPMENT

Bolton North

Bolton North is a 209-unit senior housing high-rise located close to Baltimore’s Inner Harbor. Directly adjacent to the Maryland Institute College of Art (MICA), this senior-housing community is situated in the historic and thriving Bolton Hill Neighborhood known for its tranquil, tree-lined streets populated by an outstanding collection of restored mid- to late-19th century three-story and four-story townhouses, urban mansions, churches and public buildings. Every unit features its own walk-out balcony, wall-to-wall carpeting, individual HVAC units, well-equipped kitchens, and emergency call buttons, with 24-hour monitoring. Bolton North’s public amenities include a community dining room, game room, television room / lounge, central laundry facility, and an ample outdoor courtyard.


TOTAL COST
$ 23,180,012

DESCRIPTION
Bolton North consists of 209 units; all units have one bedroom, but for one, which has two bedrooms. The units are 99.5% Housing Assistance Payment (historical vacancy is below 1%).

FINANCING
The Alpha Towers’ purchase price was $10,804,271. Secured financing and funding for this project included:
$ 15,875,064 PNC Bank
$ 7,304,948 PNational Housing Preservation Fun




FOLLOW OUR COMMUNITY BUILDING

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NHPF’s diverse income and rent structure provides housing for a range of households from low to moderate income. Notwithstanding income levels, the same level of amenities and access to our services is offered to all residents.

This property is just one example of how NHPF’s commitment to affordable housing has helped American families.

ABOUT THE NHP FOUNDATION
Founded in 1989, The NHP Foundation strives to provide quality affordable multi-family housing and resident services for low to moderate income families. Since 1994, NHPF has acquired and preserved 78 properties, totaling 13,616 units, located in 19 states and the District of Columbia. Today, NHPF’s portfolio includes 47 properties, totaling 8,063 apartment units, in 15 states and the District of Columbia. NHPF also provides service programs to approximately 20,000 community residents.