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The Heritage DC by Whitecrest 2027 Rhode Island Ave NE 42 Unit Apartment Building $25,126,561 CAD ($598,251 CAD/Unit) Washington, DC 20018
INVESTMENT HIGHLIGHTS
- 100+ year-old facade, preserved, restored and incorpoated
- 1.5 miles to Rhode Island Ave-Brentwood Metro Station; 1.6 miles to Brookland-Catholic University of America Metro Station
- Short walk to Chuck Brown Memorial Park and Langdon Park Recreation Center
EXECUTIVE SUMMARY
Mixed Use building with 43 residential units and two ground floor retail spaces. 19 one-bed, one-bath units, 22 two-bed, two-bath units, 2 two-bed plus den, three-bath units (some feature private outdoor courtyards, wraparound decks, balconies)
PROPERTY FACTS
| Price | $25,126,561 CAD | Building Class | B |
| Price Per Unit | $598,251 CAD | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 31,720 SF |
| No. Units | 42 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.25/1,000 SF |
| Zoning | MU-4 - Mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residential development at varying densities | ||
| Price | $25,126,561 CAD |
| Price Per Unit | $598,251 CAD |
| Sale Type | Investment |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.25 AC |
| Building Size | 31,720 SF |
| Average Occupancy | 90% |
| No. Stories | 6 |
| Year Built | 2022 |
| Parking Ratio | 0.25/1,000 SF |
| Zoning | MU-4 - Mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residential development at varying densities |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 42 | - | - |
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Walk Score®
Very Walkable (83)
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The Heritage DC by Whitecrest | 2027 Rhode Island Ave NE
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