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Apartments For Sale • 25,827 SF
| A 30,827 SF building (including 5,000 SF of lower-level space) featuring 31 units, including 28 one-bedroom apartments and 3 two-bedroom apts |
| Currently centrally metered for electricity and gas, offering an opportunity to convert to individual unit metering to significantly boost net income |
| The 5,000 SF lower level, with 8-foot ceilings, existing plumbing, and egress, can be renovated into four additional rental units |
| Achieve a projected 8.34% CAP rate through a Housing Provider Voucher (HPV) leasing strategy |
| Recent upgrades in multiple units include new appliances, hardwood flooring, updated kitchen cabinets, tile and windows providing move-in ready apts |
| Electrical, plumbing, and roofing systems have all been updated within the past 10 years, eliminating the need for major upfront repairs |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Union Station (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC), Camden Line - Maryland Area Regional Commuter Trains (The MARC), Fredericksburg Line - Maryland Area Regional Commuter Trains (The MARC), Manassas Line - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Red Line - Maryland Area Regional Commuter Trains (The MARC)) | 12 min | - | 4.4 mi |
| L'enfant (Fredericksburg Line - Virginia Railway Express, Manassas Line - Virginia Railway Express) | 9 min | - | 4.5 mi |
| Airport | Drive | Walk | Distance |
| Ronald Reagan Washington Ntl | 17 min | - | 8.5 mi |
| Baltimore/Washington International Thurgood Marshall | 46 min | - | 30.6 mi |
| Washington Dulles International | 54 min | - | 32.9 mi |
Lorenzo Wooten
Marcus & Millichap
Lorenzo Wooten
Marcus & Millichap
