Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11
listing
1 of 11
CommercialFor Sale
$33,450,000
313-317 Kennedy St NW
Washington, DC 20011
Listed by: Exp Realty, LLC, 8333357433
MLS: Bright MLS
80,000Sq Ft
Est. Mortgage
$172,763/mo

Multifamily Portfolio Sale in DC! Attention, Multifamily Investors! Noble Group with eXp Realty is thrilled to present an exceptional investment opportunity—a prime multifamily portfolio for sale in Washington, D.C. This impressive portfolio comprises five multifamily properties, totaling 88 units and approximately 80,000 square feet, with a projected annual rental income of $2.5 million and delivery expected in early Fall 2024. Strategically located in highly desirable areas of D.C., these properties offer remarkable flexibility. Whether you opt to continue operating them as high-performing rental units or convert them into condominiums, this portfolio is perfectly suited to a wide range of investment strategies. Listed at $33,450,000, this opportunity promises substantial returns, backed by D.C.’s consistently increasing rental values. Invest in an area renowned for its sustained growth in both demand and property values. With a projected monthly net income of $2,568,000 and a capitalization rate of 7.68%, this portfolio offers a strong and compelling return on investment. Portfolio consists of 5 multifamily properties at 1916-1918 Benning NE, 313-317 Kennedy St NW, 1913 17th St SE, 1600 Good Hope Rd SE, 4521 Iowa Ave NW.

Get in touch
This data is up-to-date as of 12/21/2024 01:55 AM. Listing provided by SERIF SOYDAN of Exp Realty, LLC.
Community / School Information