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INVESTMENT HIGHLIGHTS
- Prime Location: Located steps from National Cathedral, Wisconsin House offers excellent walkability to Whole Foods, Trader Joe’s, Safeway, and Buzzuto
- Unmatched Renter Demographics: With about $150,000 in median HH income and ~90% with a bachelor’s degree or higher.
- Strong recent leasing activity.
- No units under construction within a one-mile radius.
EXECUTIVE SUMMARY
CONTRACT PENDING
Berkadia and Keen-Summit are pleased to present for sale Wisconsin House in Glover Park, Northwest Washington, D.C. Wisconsin House provides unparalleled connectivity to major employment hubs, D.C.’s best school district, and many of Washington, D.C.’s most sought-after lifestyle amenities. The property also offers investors a value-add opportunity to increase rents within D.C’s rent control guidelines.
Berkadia and Keen-Summit are pleased to present for sale Wisconsin House in Glover Park, Northwest Washington, D.C. Wisconsin House provides unparalleled connectivity to major employment hubs, D.C.’s best school district, and many of Washington, D.C.’s most sought-after lifestyle amenities. The property also offers investors a value-add opportunity to increase rents within D.C’s rent control guidelines.
PROPERTY FACTS Under Offer
| Sale Type | Investment | Total Plot Size | 0.30 ac |
| No. Units | 108 | Property Size | 98,264 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Floors | 8 |
| Apartment Style | Mid-Rise | Year Built | 1957 |
| Costar Property Class | C | Parking Allocation | 0.4/1,000 sq ft |
| Use Class | RA-4 - 3.5 Allowable FAR; The RA-4 zone provides for areas developed with predominantly medium- to high-density residential. | ||
| Sale Type | Investment |
| No. Units | 108 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.30 ac |
| Property Size | 98,264 sq ft |
| Average Occupancy | 97% |
| No. Floors | 8 |
| Year Built | 1957 |
| Parking Allocation | 0.4/1,000 sq ft |
| Use Class | RA-4 - 3.5 Allowable FAR; The RA-4 zone provides for areas developed with predominantly medium- to high-density residential. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Disposal
- Heating
- Kitchen
- Wooden Floors
- Refrigerator
- Oven
- Range
- Views
- Pantry
- Smoke Free
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Security System
- Gated
- Smoke Free
- Roof Terrace
- Storage Space
- Lift
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 9 | - | 600 |
| 1+1 | 83 | - | 550 - 750 |
| 2+1 | 16 | - | 900 - 1,000 |
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Walk Score®
Easily Walkable (88)
PROPERTY TAXES
| Parcel Number | 1932-0806 | Improvements Assessment | £13,793,094 |
| Land Assessment | £2,492,448 | Total Assessment | £16,285,542 |
PROPERTY TAXES
Parcel Number
1932-0806
Land Assessment
£2,492,448
Improvements Assessment
£13,793,094
Total Assessment
£16,285,542
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Wisconsin House | 2712 Wisconsin Ave NW
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