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Apartments For Sale • 37,000 SF
| 36-Unit Multifamily Property Situated on a 0.73-Acre Parcel in Southeast Washington, D.C. |
| Desirable Unit Mix with a Strong Concentration of Two-Bedroom/One-Bath Apartments Supporting Consistent Tenant Demand |
| Attractive In-Place Returns with a Projected Year 1 Stabilized Cap Rate of 7.16 Percent |
| Located in the Marshall Heights Neighborhood, an Area Benefiting from Continued Public and Private Investment |
| Excellent Access to Major Roadways, Metrobus Routes, and Employment Centers Throughout Washington, D.C. and Prince George’s County |
| Efficient Scale and Layout Allowing for Operational Efficiencies and Additional Value Creation Opportunitie |
| Cap Rate: | 9.52 % |
| Total Expenses: | $264,731 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Lead (Fredericksburg Line - Virginia Railway Express, Manassas Line - Virginia Railway Express) | 9 min | - | 5.0 mi |
| Union Station (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC), Camden Line - Maryland Area Regional Commuter Trains (The MARC), Fredericksburg Line - Maryland Area Regional Commuter Trains (The MARC), Manassas Line - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Red Line - Maryland Area Regional Commuter Trains (The MARC)) | 11 min | - | 5.2 mi |
| Airport | Drive | Walk | Distance |
| Ronald Reagan Washington Ntl | 19 min | - | 9.7 mi |
| Baltimore/Washington International Thurgood Marshall | 45 min | - | 29.9 mi |
| Washington Dulles International | 55 min | - | 33.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 16 |
| Type: | Surface |
| Included in Rent: | Yes |
Paul Senior
Marcus & Millichap
Paul Senior
Marcus & Millichap
