Hawk Plaza - 90 Unit facility. Currently there are 3 buildings with each building consisting of 30, 2-bedroom units; each with 2 Master Suites with private bathrooms, private balcony, living area, full kitchen and washer/dryer. Each floor has a study room and there is a Lounge and Gym on the complex for all to use. UPSIDE - This development is slated for 2 additional buildings which would add 120 rentable beds. All utilities are in place and no more infrastructure required. Current occupancy is approximately 50%. Highest and best use could be including non-student rentals. This multi-family housing facility is located on the south-end of Princess Anne across from Washington High School and just under 2 miles from UMES (University of MD Eastern Shore). Approximately 25 miles from Wallops Island/NASA Launch Facility and the new Rocket Lab Launch Facility. NASA will continue to launch resupply missions to the international space station and the NASA Center has entered into 2 contracts to launch satellites for private companies.

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Listed by Henry Hanna and Florence Adams of SVN |Miller Commercial Real Estate

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