571-481-1037
4318 Halley Ter SE, Washington, DC for Sale
Apartments - FOR SALE
1/8
null | Request Cap Rate

4318 Halley Ter SE
Washington, DC 20032


OVERVIEW

Thank you for your interest in this unique portfolio of nine multifamily properties across Washington, DC's NE and SE neighborhoods. This offering provides an accessible entry point for first-time multifamily investors and a growth opportunity for established firms looking to expand their portfolio of income-producing assets. Ranging from a four-unit property at 3205 D Street, SE, to a seventeen-unit community at 2100 15th Street, SE, this portfolio offers options to suit a variety of investment goals. With housing prices on the rise and strong demand for quality rental properties, this is an ideal time to benefit from the economic momentum in multifamily investing. Key benefits include: Consistent Cash Flow Multifamily properties generate steady income from multiple rental units, reducing dependency on a single tenant and ensuring reliable cash flow. Economies of Scale Managing multiple units within one portfolio can reduce per-unit costs for maintenance, repairs, and professional management. Portfolio Diversification Multifamily properties bring diversity to real estate portfolios, offering stability and reduced risk compared to other asset classes. Appreciation Potential Multifamily properties generally appreciate over time through "forced appreciation," where values align with increased net operating income driven by market demand and rent adjustments. Tax Advantages Investors benefit from tax incentives, including bonus depreciation, interest deductions, and 1031 exchange opportunities to defer capital gains taxes. How is a Bankruptcy Sale Different from other Real Estate Transactions? In a bankruptcy sale, once the Sales Contract is ratified by the Bankruptcy Trustee, it requires approval by the Bankruptcy Court. This process typically takes 30 to 45 days from contract signing to Court approval. After the Court issues an Order approving the sale, the Trustee can proceed with closing, similar to any standard real estate transaction. Are these Sales Subject to the Tenant Opportunity to Purchase Act (TOPA) in DC? No, bankruptcy sales are exempt from TOPA restrictions, allowing for a streamlined transaction without the need for tenant purchase rights. Are the Properties Professionally Managed? Yes, all properties are managed by the 10Ninety Group, a reputable DC-based residential property management firm. Is their access to a Rent Roll, 12-Month Operating Statement, or Lease Copies? Currently, we don’t have complete financial documentation due to the nature of this bankruptcy sale. The property manager is actively gathering a rent roll, T12 operating statement, and lease copies to provide the most accurate information possible. Can I Tour the Units in the Property I’m Interested In? A RealMarkets team member will show vacant units as part of your preliminary due diligence. Occupied units, however, are only accessible to purchasers with a ratified sales contract. Is a Due Diligence Period Allowed in My Offer? Yes, you may include a due diligence period in your offer. However, all contingencies, including financing, must be removed prior to the scheduled Court hearing. By the time of the Bankruptcy Court’s approval hearing, the contract should be non-contingent. Do I Have to Buy All the Properties, or Can I Select Individual Ones? You’re welcome to purchase one, several, or all of the available properties. As the Bankruptcy Trustee reviews offers on a rolling basis, we encourage you to submit your offer as soon as possible. One Final Note Each prospective buyer is encouraged to verify all information provided herein. All property is sold in strictly as-is, where-is condition. To learn more or to submit an offer on one, multiple, or all of these properties, please reach out to a member of our sales team. We look forward to supporting your investment journey and helping you reach your financial goals.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

6

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1943

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,424 SF

ZONING

RA-1

APN/PARCEL ID

6214-0020

ASK ABOUT THIS PROPERTY

Stephen KarbelkCENTURY 21 Commercial New MillenniumMore Info
571-481-1037

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Stephen KarbelkCENTURY 21 Commercial New MillenniumMore Info
571-481-1037

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