45 Unit Apartment Complex
Benning Road, SE, Washington , DC, 20019
$7,500,000
Price
$155,566.00
Price Per Unit
45
Number of Units
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$7,500,000
Price
$155,566.00
Price Per Unit
45
Number of Units
Investment Highlights
The Small Multifamily Group is pleased to offer a premium investment opportunity a substantial 45-unit apartment complex located in the thriving Marshall Heights neighborhood in Washington, DC.
This attractive asset, which boasts a net operating income of approximately $440,000 provides quality urban living with a harmonious blend of comfort and affordability.
Currently carrying an assumable loan of $6.2 million with a favorably low interest rate of 3.2%, this is a rare acquisition opportunity.
The property is comprised of an advantageous mix of units, more than half are three-bedroom units. The current rents are under market value, presenting the potential for significant rent increases upon lease renewals, promising immediate returns.
FOR MORE DETAILS CONTACT
Dean Hunter
Agent
(202) 660-1333
DHunter@smallmultifamily.com
SP17337
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