2617 Pennsylvania Ave SE - Apartments FOR SALE
Washington, DC 20020 |
2617 Pennsylvania Ave SE
Washington, DC 20020
HIGHLIGHTS
- Shovel-Ready Development: +69,000 buildable SF multifamily project on the 2600 block of Pennsylvania Avenue SE
- The unit mix consists of 1 studio, 39 one-bedrooms, 2 two-bedrooms, and 22 three-bedroom units, totaling 64 units
- Well-situated on Pennsylvania Avenue SE with an excellent location at a signalized intersection, facing the Police Station, and 0.5 miles to I-295
- Sale includes fully approved plans and permits for a well-designed and expansive development project
- Located in a designated Opportunity Zone, providing substantial tax benefits for development, including reducing or eliminating future capital gains
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
STATUS
Proposed
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
69490
STORIES
4
YEAR BUILT
2027
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
5579-0064
