3104 Bruce Pl SE
Washington, DC 20020
Bruce Gardens - 52 Unit Apartment · Immeuble residentiel Propriété À vendre · 52 Unités

Marcus & Millichap is pleased to exclusively present 3100–3104 Bruce Place SE and 3035–3037 Stanton Road SE, a 52-unit multifamily offering located in the Anacostia
subdivision of Washington, D.C. Situated on a 1.2-acre parcel and zoned RA-1, the property totals approximately 27,007 SF and features a diverse unit mix of 10 onebedroom,
38 two-bedroom, and 4 three-bedroom apartments.
This opportunity provides investors with significant upside potential, as the property is currently 38% occupied and offers a projected Year 1 CAP Rate of 8.95% upon
stabilization. The scale of the asset, combined with its desirable location and favorable zoning, presents an attractive repositioning or value-add opportunity in one of
Southeast D.C.’s most rapidly evolving neighborhoods.
Anacostia is undergoing substantial public and private investment, driven by redevelopment initiatives and proximity to major transportation and employment hubs.
Residents enjoy convenient access to the Anacostia Metro Station (Green Line), multiple Metrobus routes, and major commuter corridors, including Suitland Parkway
and I-295, connecting Downtown D.C. and Northern Virginia. The property also benefits from its close proximity to the Anacostia Arts Center, the new Frederick
Douglass Memorial Bridge, and the rapidly transforming St. Elizabeth's East Campus—home to the new Entertainment & Sports Arena and the headquarters of the
Department of Homeland Security.
This offering represents a rare opportunity to acquire a well-located, large-scale multifamily property with immediate value-add potential in a submarket positioned for
long-term growth. Investors can capitalize on the ongoing revitalization of Anacostia and the continued influx of investment throughout the Anacostia corridor, making
this an exceptional acquisition for both private and institutional capital seeking strong returns in the Washington, D.C. market.