2027 Rhode Island Ave NE - Apartments FOR SALE


Washington, DC 20018- Langdon
$18,000,000 USD
240-418-9865
2027 Rhode Island Ave NE, Washington, DC for Sale
$18,000,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

2027 Rhode Island Ave NE
Washington, DC 20018
Langdon


HIGHLIGHTS

  • 100+ year-old facade, preserved, restored and incorpoated
  • Short walk to Chuck Brown Memorial Park and Langdon Park Recreation Center
  • 1.5 miles to Rhode Island Ave-Brentwood Metro Station; 1.6 miles to Brookland-Catholic University of America Metro Station

OVERVIEW

Mixed Use building with 43 residential units and two ground floor retail spaces. 19 one-bed, one-bath units, 22 two-bed, two-bath units, 2 two-bed plus den, three-bath units (some feature private outdoor courtyards, wraparound decks, balconies)

FOR SALE DETAILS

PRICE

$18,000,000 USD

PRICE/SF

$567 USD /SF

# OF UNITS

42

PRICE/UNIT

$428,571

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Heritage DC by Whitecrest

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2022

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

MU-4

APN/PARCEL ID

4217-0003

ASK ABOUT THIS PROPERTY

Chris O'BrienThe Tenant AgencyMore Info
240-418-9865

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Chris O'BrienThe Tenant AgencyMore Info
240-418-9865

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.