Apartments For Sale • 27,091 SF
| Institutional-quality mixed-use building with modern design, efficient layouts, and minimal near-term capital requirements |
| In-Place Income from Office Tenant – Stabilized first-floor office lease provides immediate cash flow and offsets cost during the lease-up timeline |
| Unique opportunity to execute a full lease-up strategy and capture current market rents for 43 residential units |
| Projected residential rents averaging $2,200–$3,200/month ($4.50–$5.20/SF) supported by nearby lease comparables |
| Steps to U Street Metro (Green & Yellow Lines) with connectivity to Downtown D.C. and major employment centers |
| Adjacent to Howard University (9,000+ students, 3,000+ employees) and within reach of 800,000+ D.C. jobs |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Capital Pride Alliance | 6,617 SF | 12/30/2032 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Union Station (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC), Camden Line - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC)) | 5 min | - | 1.8 mi |
| 5 min | - | 1.8 mi | |
| Airport | Drive | Walk | Distance |
| Ronald Reagan Washington Ntl | 13 min | - | 6.3 mi |
| Washington Dulles International | 48 min | - | 29.0 mi |
| Baltimore/Washington International Thurgood Marshall | 49 min | - | 30.9 mi |