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The Residence of Kalorama 1800 Connecticut Ave NW 8 Room Serviced Apartment Washington, DC 20009 $8,154,000 CAD ($1,019,250 CAD/Room)
Investment Highlights
- +7,600 SF mixed-use hospitality and retail building at the prominent, signalized corner of Connecticut Avenue and S Street NW in Dupont Circle
- Fully renovated in 2019, the Residence of Kalorama features eleven short-term rental units operating under an Inn designation
- Loan Terms Offered by Lender - Term: 25-year Amortization with a 2-3 year balloon, Rate: Fixed at 7.5%, Loan: 70-80% of Purchase Price
- Established street-level restaurant with two decades of operating history in this neighborhood provides consistent income and proven tenant stability
- Prime location just two blocks from the Dupont Metro, surrounded by leading dining, retail, and hospitality destinations
Property Facts
Amenities
- Restaurant
- On-Site Retail
- On-Site Bar
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 8 | $441.67 CAD | - |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (81)
Bike Score®
Biker's Paradise (97)
Property Taxes
| Parcel Number | 2532-0034 | Improvements Assessment | $4,261,388 CAD |
| Land Assessment | $984,252 CAD | Total Assessment | $5,245,640 CAD |
Property Taxes
Parcel Number
2532-0034
Land Assessment
$984,252 CAD
Improvements Assessment
$4,261,388 CAD
Total Assessment
$5,245,640 CAD
(202) 280-2722
x328
Contacts
-
John Spaller -
Ian Weisz -
Benjamin Wilson -
Burke McLaughlin -
Greysteel Holdings
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Photos
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The Residence of Kalorama | 1800 Connecticut Ave NW
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