Aug 22 2007
Zenith Apartments - Camden Yards
The Zenith Apartments are housed in the new building that went up adjacent to Camden Yards. They look very nice and the upper floor units have a great view. You can even see a small slice of the baseball field from one side. The other side, well they have a nice view of the Shock Trauma helicopter taking off and landing throughout the day and night. With the new convention hotel going up next door - this area is certainly getting denser -which is a good thing. Also, there are plans to have a restaurant on the ground level - but I’m still waiting on my “inside source” for the name.
Prices: 1 bedroom - $1,500+/month, 2 bedroom - $2,300+/month, 3 bedroom - $4,200/month.
3 Comments to “Zenith Apartments - Camden Yards”
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Hum, they’re asking significantly more in rent for a 2 bedroom apartment than we are currently paying in mortgage payments for a 4 bedroom, 2 car garage on a quarter acre detached house in Guilford! Plus we are building equity and our house has tripled in value from the time we bought it. I guess though that rents like that might be affordable to some of the staff at some of the professional schools at the U of M? I would love to know what restaurant is going in there. Whatever it is I hope that it’s a good one because that area doesn’t so far have any decent restaurants.
Yup that’s pretty common on high-end urban apartments. Just imagine how much Manhattanites waist in rent over a lifetime. Many end up renting for 10, 20, 30 years or longer.
On the other end though there are a lot of instances right now where it’s cheaper to rent than own. For example: http://members.aol.com/lowman1411/.
Adam at Baltimore Housing Bubble wrote a good article on this. http://bubblemore.blogspot.com/search/label/Renting%20vs.%20Buying
Well Manhattanites are sitting pretty compared to Londoners when it comes to shelling out lolly for real estate. By one account that I read recently, soon the AVERAGE house price in the U.K. will exceede $1M!!