Annapolis Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Annapolis, Maryland
Annapolis: In the Spotlight
Annapolis, Maryland is located 32 miles from the city of Baltimore and is part of the Baltimore–Washington metropolitan area.. The population of Annapolis is just over 39,000, making it the 26th most populous city in the State. It also covers just 8 square miles of land. Annapolis, the sailing capital of the world, is the capital city of Maryland and was the headquarters of the Continental Congress during the two years following the American Revolutionary War, effectively acting as our nation’s first capital.
- The unemployment rate is currently reported at 3.9%.
- The median household income is $85,636.
- The median age in Annapolis is 37 years old
- Annapolis employs over 21,000 residents
Annapolis Apartment Loan and Multifamily Property Facts
Annapolis is part of the Maryland market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
- Annapolis has a high vacancy of around 8.8% across all rental properties
- There has been a marginal rent decrease, to $1,653 per month
- The homeownership rate is roughly 51%, which leaves around 49% of residents looking for rental properties.
Although 2020 was a difficult time in Annapolis, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Annapolis Apartment Loan and Lending Options
In Annapolis, Maryland there are several different ways that you can finance your new apartment investment. We work with opportunities like:
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Finance Your Annapolis Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Annapolis, MD. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Annapolis is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Annapolis Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.