811 Quincy St NW | Washington, DC 20011
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- LoopNet Team
811 Quincy St NW
Washington, DC 20011
New Quin · Multifamily Property For Sale
·
107 Units
INVESTMENT HIGHLIGHTS
- 400 feet from the Georgia Avenue-Petworth Metro Station
- Extensive renovation in 2013 – roughly $7,000,000 in capital expenditures
- Diverse unit mix of 20 studio units, 68 one-bedroom units, and 19 two-bedroom units
- The property is currently subject to a 70% Voluntary Agreement
- 85% of the units have been renovated upon turnover since 2013
- Steps from restaurants and retail in the heart of the Petworth neighborhood
PROPERTY FACTS
| No. Units | 107 | Lot Size | 0.55 AC |
| Property Type | Multifamily | Building Size | 92,219 SF |
| Property Subtype | Apartment | Average Occupancy | 94% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | B | Year Built/Renovated | 1928/2012 |
| Zoning | MU-7 - Mixed-use zone that is intended to be applied throughout the city consistent with the density designation of the Comprehensive Plan | ||
| No. Units | 107 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.55 AC |
| Building Size | 92,219 SF |
| Average Occupancy | 94% |
| No. Stories | 5 |
| Year Built/Renovated | 1928/2012 |
| Zoning | MU-7 - Mixed-use zone that is intended to be applied throughout the city consistent with the density designation of the Comprehensive Plan |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Range
- Tub/Shower
- Sunroom
- Walk-In Closets
- Wi-Fi
- Window Coverings
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Pet Play Area
- Recycling
- Vintage Building
- Bicycle Storage
- Elevator
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 20 | - | 420 |
| 1+1 | 68 | - | 562 |
| 2+2 | 19 | - | 782 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $28,061,259 | |
| Land Assessment | $3,221,276 | Total Assessment | $31,282,534 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,221,276
Improvements Assessment
$28,061,259
Total Assessment
$31,282,534
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