AdamsLand Portfolio

Washington, DC
Number of Units
25
Number of Properties
6
Total Building SF
19308
Total Land Size
32,863 SF
Sale Price
$6,500,000
Cap Rate - Year 2
7.10%
NOI
$338,255
NOI - Year 2
$461,413
Occupancy (blended)
90.00%
 
Investment Highlights
Six-building multifamily assemblage totaling 25 residential units Approximately 32,863 SF of assembled land Current annual scheduled rental income of approximately $427,200 Projected stabilized annual rental income of approximately $579,324 Current NOI of approximately $338,255 Projected stabilized NOI of approximately $461,413 Five vacant units provide immediate lease-up opportunity Rare unified ownership with redevelopment optionality Minutes from Skyland, St. Elizabeths East, DHS Headquarters, Metro and Downtown DC
Adams Land Building A
2779 Naylor Road SE , Washington , DC 20020
Number of Units
4
Land SF
5,738
Building SF
3,060
Year Built
1943
Adams Land Building B
2775 Naylor Road SE, Washington , DC 20020
Number of Units
4
Land SF
5,843
Year Renovated
1990
Building SF
2,652
Year Built
1943
# of parcels
1
Adams Land Building C
2801 28th Street SE , Washington , DC 20020
Number of Units
5
Land SF
5,869
# of parcels
1
Building SF
3,196
Year Built
1943
Adams Land Building D
Washington, DC 20020
Number of Units
4
Land SF
4,963
# of parcels
1
Building SF
3,196
Year Built
1943
Adams Land Building E
2817 28th Street SE, Washington , DC 20020
Number of Units
4
Land SF
5,320
# of parcels
1
Building SF
3,600
Year Built
1942
Adams Land Building F
2821 28th Street SE, Washington, DC 20020
$850,000
Number of Units
4
Land SF
5,320
# of parcels
1
Building SF
3,600
Year Built
1943