Property Description

Multifamily Portfolio Sale in DC! nnAttention, Multifamily Investors! Noble Group with eXp Realty is thrilled to present an exceptional investment opportunity—a prime multifamily portfolio for sale in Washington, D.C. This impressive portfolio comprises five multifamily properties, totaling 88 units and approximately 80,000 square feet, with a projected annual rental income of $2.5 million and delivery expected in early Fall 2024.nnStrategically located in highly desirable areas of D.C., these properties offer remarkable flexibility. Whether you opt to continue operating them as high-performing rental units or convert them into condominiums, this portfolio is perfectly suited to a wide range of investment strategies.nnListed at $33,450,000, this opportunity promises substantial returns, backed by D.C.’s consistently increasing rental values. Invest in an area renowned for its sustained growth in both demand and property values. With a projected monthly net income of $2,568,000 and a capitalization rate of 7.68%, this portfolio offers a strong and compelling return on investment. Portfolio consists of 5 multifamily properties at 1916-1918 Benning NE, 313-317 Kennedy St NW, 1913 17th St SE, 1600 Good Hope Rd SE, 4521 Iowa Ave NW.

Features
: 90% forced air
: Central a/c
N
: Concrete
: Level Entry - Main
Y
: Electric
: Electric
: Electric
N
N
N
Address Map
KENNEDY ST
313-317
W78° 58' 59.4''
N38° 57' 24.3''
NW
313
GPS
MLS Addon
EXP Realty, LLC
SERIF SOYDAN
Bright
BRIGHT_MAIN
Annually
N
Other
Annually
3297240
300329701294
TRUESDELL
COOLIDGE SENIOR
WHITTIER EDUCATION CAMPUS
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
80,000 Sqft
: Excellent
No
: Standard
2023
MU-4
: Public Septic
: Public
0 Sqft
$0
$0
$0
$0

Commercial Sale For Sale

313-317 KENNEDY ST, WASHINGTON, District Of Columbia 20011

0.55 Acre
$33,450,000
Listing ID #DCDC2155872
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : DCDC2155872
Price : $33,450,000
Year Built : 2024
Lot Area : 0.55 Acre
Status : Active
Property Sub Type : Five Or More Units
Price Per SQFT : $418
Agent info
Robert Spicer
Spicer Real Estate, Inc.
7201 Wisconsin Avenue
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This listing courtesy of: EXP Realty, LLC
Listing provided by: SERIF SOYDAN