202-536-3725
920 Madison St NW, Washington, DC for Sale
Apartments - FOR SALE
1/7
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920 Madison St NW
Washington, DC 20011
Brightwood Park


HIGHLIGHTS

  • Favorable unit mix of one and two bedrooms
  • Not subject to TOPA
  • Recent capital expenditures
  • Chapter 11 bankruptcy sale
  • Value-add opportunity
  • Located near significant development

OVERVIEW

The Zupancic Group of Marcus & Millichap, as the exclusive listing agent approved by the United States Bankruptcy Court for the District of Columbia, is pleased to present the exclusive offering of 920 Madison Street NW, a 14-unit multifamily asset located in the rapidly-evolving neighborhood of Brightwood Park in Northwest DC. The sale is subject to a Chapter 11 Bankruptcy process, offering investors a rare opportunity to acquire a property free from the Tenant Opportunity to Purchase Act (TOPA) process due to the property’s bankruptcy status. This exemption is granted under §42-3404.02 of DC code. This property provides a unique chance for an investor to acquire a well-located multifamily asset with significant upside.

FOR SALE DETAILS

PRICE

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# OF UNITS

14

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1957

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

RF-1

APN/PARCEL ID

2991-0044

ASK ABOUT THIS PROPERTY

Andrew PaciousMarcus & MillichapMore Info
202-536-3725

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Andrew PaciousMarcus & MillichapMore Info
202-536-3725

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