2585 Naylor Rd SE - Apartments FOR SALE
Washington, DC 20020 |
2585 Naylor Rd SE
Washington, DC 20020
HIGHLIGHTS
- 2825 Naylor Road SE is a 15-unit apartment community made up of 7 one-bedroom, 3 two-bedroom, and 5 three-bedroom apartments
- The Property’s high vacancy and location in the path of development makes an ideal value-add opportunity
- This downtown location will be in high demand among both future renters and savvy investment professionals alike
- Average rents for occupied units at the property are around $1,500, providing strong in-place revenues for new ownership
- After a comprehensive renovations in 2009 and 2021, the property remains in relatively good condition
- These significant capital improvements translate to reduced out-of-pocket expenses and lower maintenance requirements for the property
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
16716
STORIES
3
YEAR BUILT
1955
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
PAR-0219-0118
