1916 15th St SE - Apartments FOR SALE


Washington, DC 20020- Anacostia
$12,500,000 USD
202-804-0292
1916 15th St SE, Washington, DC for Sale
$12,500,000 USD
Apartments - FOR SALE
1/50
null | 9.24% Cap Rate

1916 15th St SE
Washington, DC 20020
Anacostia


HIGHLIGHTS

  • Brand New Construction delivered with Certificate of Occupancy
  • High bedroom Count per unit
  • Turn Key Service Ready Investment

OVERVIEW

We are pleased to offer this brand-new recently constructed 27 unit building (Twenty Five -3br Two-2br, One- 5,000sqft Retail Space) for consideration of purchase in one of DC's most actively developing areas, Anacostia. Currently finishing a change of use to put into service as a senior living facility and just signed a 5 year lease with a senior living provider at NNN. Anacostia has one of the lowest vacancy rates across all neighborhoods of DC and very high demand for additional senior living communities and in conjunction with the St. Elizabeth's development is sure to be a hub of healthcare activity.

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$262 USD /SF

# OF UNITS

27

PRICE/UNIT

$462,963

CAP RATE

9.24%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

MU-4

APN/PARCEL ID

5766-1017

ASK ABOUT THIS PROPERTY

David AdebayoDMV Real Estate AdvisorsMore Info
202-804-0292

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David AdebayoDMV Real Estate AdvisorsMore Info
202-804-0292

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