The city received unsolicited offers for the garages — located at 11 S. Eutaw St., 22 S. Gay St., 101 S. Paca St. and 210 St. Paul Place — a decade ago, when they weren't profitable, Little said. After significant improvements, they are performing at a market rate and generating $2.8 million a year in net income after debt servicing and capital expenses, he said.