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Property Condition Assessments: The Name That Has Set The Standard For over 27 Years.
Location
1803 Cobourg Court, Parkville, MD
Total Buildings
6
Total Sqft:
170,000
PCA conducted a Property Condition Assessment of Oakleigh Apartments at 1803 Cobourg Court in Parkville, Maryland. The 191-unit multifamily property was built in 1961 and consists of six three-story buildings totaling approximately 170,000 square feet on a 10.54-acre site. PCA’s scope addressed the major building systems, envelope components, and unit interiors relevant to the engagement.
The team performed architectural, structural, roofing, and mechanical/electrical/plumbing/limited fire- and life-safety evaluations under ASTM E2018 protocols, along with a 100% interior walk of all units. The unit-by-unit walk yielded unit-level deferred-maintenance and condition data across the property’s residential inventory, while the systems-level assessments quantified deferred maintenance and remaining-useful-life projections for the client’s reserve and capital planning. Given the property’s 1961 vintage, the consolidated findings gave the client a defensible basis for prioritizing near-term repairs and sizing reserves across the six-building portfolio.
