202-919-9400
4919 A St SE, Washington, DC for Sale
Apartments - FOR SALE
1/24
null | Request Cap Rate

4919 A St SE
Washington, DC 20019
Marshall Heights


HIGHLIGHTS

  • 4919 A Street SE is a newly renovated, nine-unit brick apartment building in Marshall Heights with in-place cash flow and clear value-add avenues.
  • Comprises two 3-bed, six 2-bed, and one 1-bed unit, generating over $15,000 in monthly effective rent with an estimated upside nearing $17,000.
  • Cost-effective conversion opportunity to boost NOI by converting select 2-bed units to 3-bed units which has already been executed on two 2-bed units.
  • Rare secured parking with 10 off-street parking spaces, supporting stronger rent potential as the neighborhood continues to densify.
  • Long-term value location within walking distance of the Capitol Heights Metro Station and the Benning Road Metro Station, offering broad connectivity.
  • Poised to benefit from the multi-billion-dollar RFK Stadium transformation and various other mixed-use developments made to serve the project.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

9

CAP RATE

Request Cap Rate

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

In-Place Cash Flow | Rental Upside

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1932

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,999 SF

ZONING

R-3

APN/PARCEL ID

5332-0000-0009

ASK ABOUT THIS PROPERTY

Nigel CraytonGreysteel HoldingsMore Info
202-919-9400

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

Nigel CraytonGreysteel HoldingsMore Info
202-919-9400

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