443-277-9923
1615 22nd St SE, Washington, DC for Sale
Apartments - FOR SALE
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1615 22nd St SE
Washington, DC 20020
Anacostia


HIGHLIGHTS

  • Permit-ready development opportunity in Washington, DC.
  • Planned for a 40-unit residential project.
  • Located within an established Southeast Washington neighborhood.
  • Opportunity to pursue multifamily development in an urban infill setting.
  • Offered through a scheduled auction event.
  • Positioned with access to major employment and transportation corridors.

OVERVIEW

1615 22nd Street SE presents a permit-ready multifamily development opportunity in Washington, DC. The offering is positioned for investors and developers seeking a project with entitlement progress already in place, allowing for a potentially accelerated path toward construction and execution. The planned development is designed for 40 residential units, providing the opportunity to deliver new housing within an established Southeast Washington neighborhood. The property's location offers connectivity to major employment, retail, and community destinations throughout the District. Situated within Washington, DC, the site benefits from access to the region's extensive transportation network, supporting connectivity to downtown Washington and surrounding neighborhoods. The development's planned residential density aligns with ongoing demand for housing across the metropolitan area and may appeal to developers focused on expanding multifamily inventory in urban infill locations. Permit-ready projects are often sought after because they can reduce certain predevelopment timelines associated with entitlement and planning efforts. This opportunity provides a framework for investors to pursue a residential development project in one of the nation's largest and most active housing markets. The combination of an approved development concept and a centrally located Washington, DC address positions the asset as a compelling consideration for multifamily developers and investors evaluating residential development opportunities.

FOR SALE DETAILS

PRICE

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# OF UNITS

40

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auction - Oct 19-21 - Permit-Ready Dev Opp

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2029

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

RA-2

APN/PARCEL ID

5591-0036

ASK ABOUT THIS PROPERTY

Bradd CaplanMarcus & MillichapMore Info
443-277-9923

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Bradd CaplanMarcus & MillichapMore Info
443-277-9923

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