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1916 15th St SE
Washington, DC 20020
Multifamily Property For Sale
·
27 Units


INVESTMENT HIGHLIGHTS
- Brand New Construction delivered with Certificate of Occupancy
- Turn Key Service Ready Investment
- High bedroom Count per unit
EXECUTIVE SUMMARY
We are pleased to offer this brand-new recently constructed 27 unit building (Twenty Five -3br Two-2br, One- 5,000sqft Retail Space) for consideration of purchase in one of DC's most actively developing areas, Anacostia.
Currently finishing a change of use to put into service as a senior living facility and just signed a 5 year lease with a senior living provider at NNN.
Anacostia has one of the lowest vacancy rates across all neighborhoods of DC and very high demand for additional senior living communities and in conjunction with the St. Elizabeth's development is sure to be a hub of healthcare activity.
Currently finishing a change of use to put into service as a senior living facility and just signed a 5 year lease with a senior living provider at NNN.
Anacostia has one of the lowest vacancy rates across all neighborhoods of DC and very high demand for additional senior living communities and in conjunction with the St. Elizabeth's development is sure to be a hub of healthcare activity.
PROPERTY FACTS
| Price Per Unit | $640,972 CAD | Apartment Style | Hi-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 9.24% | Lot Size | 0.20 AC |
| Gross Rent Multiplier | 9.47 | Building Size | 47,771 SF |
| No. Units | 27 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | ||
| Zoning | MU-4 - mixed-use zone that allows for moderate-density development of a variety of uses in low- and moderate-density residential areas. | ||
| Price Per Unit | $640,972 CAD |
| Sale Type | Investment |
| Cap Rate | 9.24% |
| Gross Rent Multiplier | 9.47 |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 47,771 SF |
| No. Stories | 6 |
| Year Built | 2024 |
| Zoning | MU-4 - mixed-use zone that allows for moderate-density development of a variety of uses in low- and moderate-density residential areas. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 24 | - | 607 - 972 |
| 2+1 | 1 | - | 656 |
| 3+2.5 | 1 | - | 1,059 |
| 3+2 | 1 | - | 965 |
PROPERTY TAXES
| Parcel Number | 5766-1017 | Improvements Assessment | $773,051 CAD |
| Land Assessment | $698,625 CAD | Total Assessment | $1,471,675 CAD |
PROPERTY TAXES
Parcel Number
5766-1017
Land Assessment
$698,625 CAD
Improvements Assessment
$773,051 CAD
Total Assessment
$1,471,675 CAD
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