312-330-7300
1600 Good Hope Rd SE, Washington, DC for Sale
Apartments - FOR SALE
1/5
null | Request Cap Rate

1600 Good Hope Rd SE
Washington, DC 20020
Anacostia


HIGHLIGHTS

  • 35-unit multifamily asset
  • $900K annual gross rental income
  • Value-add and long-term appreciation potential
  • Built for the Condo Quality conversion flexibility

OVERVIEW

Attention Investors — Noble Group with eXp Realty proudly presents a rare multifamily investment opportunity in the heart of Washington, D.C.. This exceptional asset features 35 residential units with approximately $900,000 in annual rental income, offering strong in-place cash flow and long-term upside potential. Positioned in one of D.C.’s most desirable and supply-constrained locations, the property provides multiple strategic opportunities for investors — continue operating as a high-performing multifamily rental asset, enhance operational efficiencies and increase NOI, or explore future condominium conversion potential. With continued demand for housing, rising rental values, and limited inventory across key D.C. neighborhoods, this offering presents an opportunity to acquire a scalable, income-producing asset in a market supported by strong economic fundamentals. Investment Highlights: 35-unit multifamily asset $900K annual gross rental income Prime Washington, D.C. location Value-add and long-term appreciation potential Condo conversion flexibility Strong rental demand and market fundamentals Opportunities of this caliber are increasingly rare in Washington, D.C. Contact Noble Group with eXp Realty today for additional information and to explore this exclusive investment opportunity.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

35

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Good Hope Park Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,865 SF

ZONING

MU-4

APN/PARCEL ID

5611-0064

ASK ABOUT THIS PROPERTY

Serif Soydan, Ph.D.eXp Realty CommercialMore Info
312-330-7300

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Serif Soydan, Ph.D.eXp Realty CommercialMore Info
312-330-7300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.