The Centurion Group is pleased to present 107 Rhode Island Ave NE, an existing 3,338 SF dormitory-style hostel featuring 27 beds, 7 full baths, and 5 bedrooms. Ideally situated between Howard University, Gallaudet University, and in close proximity to the Catholic University of America, this property serves the substantial student populations of these prestigious institutions. Additionally, the property is strategically located near major DC landmarks, including Federal Departments, Federal Agencies, the Veterans Administration Hospital, National Children’s Hospital, and GWU Hospital, making it an ideal accommodation for shift workers, entry-level congressional staff, or interns seeking temporary housing. Just 8 blocks from the vibrant U Street corridor, known for its dining and nightlife, this asset offers significant potential for high returns. With its prime location and versatile appeal, 107 Rhode Island Ave NE presents an excellent opportunity for the discerning investor, with the potential for a double-digit cap rate.