3601 14th St NW | Washington, DC 20010
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- LoopNet Team
3601 14th St NW
Washington, DC 20010
Fully Leased Ten Unit Apartment - 7.00%+ CAP · Build-to-Rent Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- High-end finishes, including a durable TPO roof, a rooftop deck, Pella windows, and high-efficiency HVAC systems in all units
- Fully leased, with nine units rented to Voucher tenants and one at market rate, ensuring consistent and reliable income
- A fully stabilized asset with immediate cash flow and significant potential for long-term equity appreciation
- Each of the ten spacious two-bedroom, two-bath units is designed with condo-quality finishes, offering a blend of elegance and comfort
- Five blocks of both the Georgia Avenue/Petworth Metro and Columbia Heights Metro stations, providing excellent accessibility
PROPERTY FACTS
| No. Units | 10 | Total Plot Size | 0.05 ac |
| Property Type | Build-to-Rent | Property Size | 9,027 sq ft |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Floors | 5 |
| Costar Property Class | B | Year Built | 2022 |
| Use Class | MU-4 - Allows for moderate-density mixed-use development with a focus on housing | ||
| No. Units | 10 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.05 ac |
| Property Size | 9,027 sq ft |
| Average Occupancy | 100% |
| No. Floors | 5 |
| Year Built | 2022 |
| Use Class | MU-4 - Allows for moderate-density mixed-use development with a focus on housing |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+2.5 | 10 | - | 757 |
PROPERTY TAXES
| Parcel Number | 2827-0083 | Improvements Assessment | £1,565,793 |
| Land Assessment | £604,599 | Total Assessment | £2,170,391 |
PROPERTY TAXES
Parcel Number
2827-0083
Land Assessment
£604,599
Improvements Assessment
£1,565,793
Total Assessment
£2,170,391
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