202-919-9400
4920 Nash St NE, Washington, DC for Sale
Apartments - FOR SALE
1/5
null | Request Cap Rate

4920 Nash St NE
Washington, DC 20019
Deanwood


HIGHLIGHTS

  • Desirable Unit Mix
  • Prime Location with Excellent Connectivity
  • In-Place 8% Cap Rate
  • Solar Income
  • Opportunity Zone Designation

OVERVIEW

THE OPPORTUNITY 4920 Nash Street NE is a four-unit multifamily property located in the Deanwood neighborhood of Northeast Washington, DC. The building features two three-bedroom and two four-bedroom apartments. With a strong unit mix, solid in-place income, and long-term upside, this is a compelling investment opportunity. DESIRABLE UNIT MIX The combination of two three-bedroom and two four-bedroom apartments appeals to a wide tenant base, supporting consistent occupancy, strong rental demand, and long-term income growth. PRIME LOCATION WITH EXCELLENT CONNECTIVITY Just a six-minute walk from the Deanwood Metro Station and adjacent to Eastern Avenue, the property offers convenient access to major bus routes and transit corridors. It’s also a short five-minute walk to the new Deanwood Community Center, enhancing tenant lifestyle appeal and neighborhood value. IN-PLACE 8% CAP RATE The property’s trailing 12-month net operating income supports a strong 8% capitalization rate—outperforming the submarket average. With current average monthly rents of $2,211 per unit, the asset provides stable, in-place cash flow from day one. Additionally, with a demonstrated 22% upside in rents upon unit turnover, new ownership has a clear, achievable path to increase long-term revenue and enhance yield. SOLAR INCOME Recently installed solar panels generate additional value, with the potential to produce up to $9,000 annually in Solar Renewable Energy Credits (SRECs), while also reducing utility expenses. OPPORTUNITY ZONE DESIGNATION Located in a federally designated Opportunity Zone, the property offers investors the potential for significant tax advantages, including deferral and potential reduction of capital gains over a holding period of up to 10 years.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

4

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1944

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,102 SF

ZONING

RA-1

APN/PARCEL ID

5172-0060

ASK ABOUT THIS PROPERTY

Nigel CraytonGreysteel HoldingsMore Info
202-919-9400

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Nigel CraytonGreysteel HoldingsMore Info
202-919-9400

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