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Baltimore I Medical Properties, LLC

5445 Loch Raven Blvd, Baltimore, MD, US
Floors
5
Total Size
62,092 sqft
Year Constructed
1983
Building Class
A

About Baltimore I Medical Properties, LLC

TOPEX 2014: $14.06 2015 $15.14 (est.)

Baltimore: 2015 Decreased OpEx Revenue: *Deficit of $99,172/YTD. Large portion due to change to tax exempt status by GS. This will be offset YTD when the final tax bill comes in at a reduced amount.

Expenditures: Window Cleaning ($1749 X 1) Completed in April. Next cleaning could be deferred until 2017 Plumbing Completed water pipe repairs ($2395 X 1) Water fountain repairs ($1257 X 1)

*Landscaping Budgeted $6600. Funds will not be used since hospital handles this as part of the campus.
Please note that the ground lease does not read like this; however, the hospital has covered landscaping and snow removal historically.

*Carpet Cleaning has not occurred. We can defer. ($810 X 1)

*Admin Computer Expense Budgeted $2400. Do not anticipate using.

Smyth has only one meter, so electric costs are including in the operating expenses. Nothing out of the ordinary is in place currently. Additional electric/hvac usage is currently billed at $55 per hour if needed for a tenant. LL does provide guard services (supplied by the hospital staff) and janitorial services (supplied by a vendor) and billed through OpEx also. Medical Waste Removal is contracted through each tenant directly now. If it is a Medstar tenant, they need to be added to the Hospital/Medstar account; if it is private practice, the tenant is required to contract directly with the vendor. We no longer supply that service to our tenants directly.

Internet Providers for Baltimore I Medical Properties, LLC

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
MegaPath Corporation DSL
10 Mb/s
1.5 Mb/s
Verizon Maryland Inc. DSL
6 Mb/s
1.5 Mb/s
XO Communications, LLC DSL
1.5 Mb/s
1.5 Mb/s

The Neighborhood: Woodbourne Heights

Median Rate Median Size
Woodbourne Heights
/sqft/yr
sqft
Median Rate Median Size
Greater Baltimore $30
/sqft/yr
3,025
sqft

Median Rate over Time in Woodbourne Heights