2117 M St NE | Washington, DC 20002
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- LoopNet Team
2117 M St NE
Washington, DC 20002
Build-to-Rent Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Prime investment opportunity in the vibrant heart of Washington, DC.
- Construction cost estimated between $1.1-$1.2M
- Gross Rental Potential $408K.
- Remarkable 17 Unit Condo Conversion Delivered with plans and permits.
- Projected out-sale can range from $4.2M - $4.5M.
- ARV based on $525/SF - $600/SF
PROPERTY FACTS
| No. Units | 5 | Total Plot Size | 0.09 ac |
| Property Type | Build-to-Rent | Property Size | 7,322 sq ft |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1943 |
| Costar Property Class | C | Parking Allocation | 1.37/1,000 sq ft |
| Use Class | RA-2 | ||
| No. Units | 5 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.09 ac |
| Property Size | 7,322 sq ft |
| No. Floors | 2 |
| Year Built | 1943 |
| Parking Allocation | 1.37/1,000 sq ft |
| Use Class | RA-2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 4467-0005 | Improvements Assessment | £195,691 |
| Land Assessment | £315,479 | Total Assessment | £511,171 |
PROPERTY TAXES
Parcel Number
4467-0005
Land Assessment
£315,479
Improvements Assessment
£195,691
Total Assessment
£511,171
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