Property Description

EXCLUSIVE INVESTMENT OPPORTUNITY: THE MAYFAIR RESIDENCES AT LOGAN CIRCLE ++ We are excited to unveil a stellar investment opportunity in the multifamily asset class: The Mayfair Residences at 1335 11th Street NW, Washington, DC. Offered at $21,500,000 with a projected delivery in late Summer 2024, this exclusive offering encompasses the entire property, comprising 22 high-end units, totaling 29,733 square feet in one of Washington, DC’s most sought-after neighborhoods. INVESTMENT OVERVIEW: The Mayfair Residences provide a unique chance to acquire a complete multifamily complex, brand new, with no existing leases and exempt from the Tenant Opportunity to Purchase Act (TOPA), facilitating straightforward management and significant investment potential. This property is poised to cater to the upscale rental market, offering elegance and sophistication in a prime urban location. INVESTMENT HIGHLIGHTS: FULL OWNERSHIP: Control the entire property with 22 high-end units totaling 29,733 sq ft. — EXCLUSIVITY: No existing leases, complete exemption from TOPA, allowing for smooth management and exceptional investment flexibility. — PRIME LOCATION: Situated in a highly desirable area known for its constant demand from affluent professionals. — LUXURY DESIGN: Inspired by the opulent Mayfair district in London, ensuring attraction and retention of high-end tenants. INVESTMENT BENEFITS: IMMEDIATE REVENUE: Start generating income as soon as you acquire the property. — VALUE APPRECIATION: Invest in an area known for its long-term growth in both popularity and property value. — TAX INCENTIVES: Benefit from potential tax advantages through property depreciation and other investment deductions. INTERIOR AND DESIGN FEATURES: INTERIORS BY BOXWOOD: A homage to affluence and artistry with luxurious materials and bespoke details. — CUSTOM FEATURES: Kitchens with Forno appliances, Character Grade White Oak Hardwood flooring, substantial crown and base moldings, high-quality Anderson windows, and solid core doors. — ADVANCED HOME TECHNOLOGY: Includes surround sound systems, smart home hubs, video doorbell cameras, and more. — PENTHOUSES: Featuring private roof decks, additional dens, direct private elevator access, and reserved parking spaces. YOUR INVITATION TO LUXURY LIVING: The Mayfair Residences invite you to be part of an address as unique as it is timeless. For a private tour and to experience firsthand the remarkable craftsmanship and visionary design, please reach out to our team. We believe The Mayfair Residences represent a strategic, lucrative asset that complements the sophisticated investment portfolio. This opportunity is not just an investment in real estate but a stake in a lifestyle sought after by many yet available to only a few. We invite you to delve deeper into this investment opportunity and consider the benefits it holds for your portfolio. We look forward to discussing this exclusive offering with you and exploring the possibilities it unfolds for wealth generation.

Features
: Central, Forced air
: Central a/c
: 4
: Assigned
N
: Full, Daylight, Windows, Walkout Stairs
: Brick
: Hardwood
: Concrete Perimeter
: Floor plan - open, Family Room Off Kitchen, Kitchen - Gourmet, Dining Area, Crown Moldings, Combination Dining/living, Wet/dry Bar, Combination Kitchen/dining, Sound System
Y
: Contemporary
: Electric
: Electric
: Electric
N
N
N
: Dishwasher, Disposal, Microwave, Water heater, Refrigerator, Built-in Microwave, Dryer, Washer, Icemaker, Stove, Freezer, Built-in Range, Trash Compactor, Intercom, Surface Unit
: Security system, Smoke detector, Carbon Monoxide Detector(s), Fire Detection System, Exterior Cameras, Sprinkler System - Indoor, Main Entrance Lock, Intercom
: Water Available, Sewer Available, Natural Gas Available, Electric Available
Address Map
11TH ST
1335
W78° 58' 54.1''
N38° 54' 37.4''
NW
1335
O St NW and 11 St NW. Adjacent to Nina May Restaurant
MLS Addon
TTR Sotheby's International Realty
Kimberly A. Casey
Bright
BRIGHT_MAIN
Annually
N
Other
Annually
80151
121134548667
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
29,733 Sqft
: Excellent
: Interior Row/townhouse
34,807 Sqft
No
: Standard
$59,356
2023
MU-4
: Public Sewer
: Public
5,074 Sqft
3
$0
$0
$0
$0

Multi-family For Sale

1335 11TH ST, WASHINGTON, District Of Columbia 20001

34,807 Sqft
$21,500,000
Listing ID #DCDC2139392
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : DCDC2139392
Price : $21,500,000
Sqft : 34,807 Sqft
Year Built : 2024
Lot Area : 0.16 Acre
Status : Active
Subdivision Name : LOGAN CIRCLE
Property Sub Type : Other
Price Per SQFT : $723
Agent info
Robert Spicer
Spicer Real Estate, Inc.
7201 Wisconsin Avenue
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This listing courtesy of: TTR Sotheby\'s International Realty
Listing provided by: Kimberly A. Casey