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Apartments For Sale • 10,154 SF
| High In-Place Cash Flow: Generates $24,269 in gross monthly rent with additional upside by bringing five units to market rates. |
| Prime Location: Directly on Pennsylvania Avenue with easy access to I-295, I-495, and the Naylor Road Metro Station. |
| Diverse Unit Mix: Offers 1 one-bedroom, 4 two-bedrooms, 7 three-bedrooms, and 1 four-bedroom, catering to a broad tenant base. |
| Value-Add Potential: Approved plans for 7-8 additional units or income-generating enhancements on the lower level. |
| Thriving Submarket: Surrounded by recent developments like Skyland Town Center & The Shops at Penn Branch, adding 600 units & 100,000+ SF of retail. |
| Significant Capital Improvements: +$400,000 in recent upgrades: roof replacement, exterior work, water heater replacement, & unit renovations. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Union Station (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) | 10 min | - | 3.4 mi |
| L'Enfant (Fredericksburg Line - Virginia Railway Express, Manassas Line - Virginia Railway Express) | 8 min | - | 3.6 mi |
| Airport | Drive | Walk | Distance |
| Ronald Reagan Washington Ntl | 17 min | - | 7.6 mi |
| Baltimore/Washington International Thurgood Marshall | 45 min | - | 30.4 mi |
| Washington Dulles International | 53 min | - | 31.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 14 |
| Type: | Surface |
| Included in Rent: | Yes |
