1307-1309 Holbrook St NE | Washington, DC 20002
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- LoopNet Team
1307-1309 Holbrook St NE
Washington, DC 20002
Value-Add Multifamily | Trinidad DC · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Rare value-add opportunity to acquire a TOPA-satisfied, high-vacancy multifamily asset in Trinidad w/ huge upside & permit-ready for a development.
- Asset is semi-detached and separately metered with an electrical heavy up, and there is a fenced in backyard included on the 0.14-acre parcel.
- Property has condo-conversion potential, further adding its upside potential because such assets are sparse in the district.
- Recently renovated building (2020) that provides strong upside through lease-up as the DC multifamily market demand steadily increases.
- Impressive 2-mile demographics with over 158,000 residents, average household income above $131,000 annually, and at least 60% of residents rent.
PROPERTY FACTS
| Sale Condition | Auction Sale | Building Class | C |
| Type of Ownership | Fee Simple | Lot Size | 0.14 AC |
| No. Units | 6 | Building Size | 6,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1937/2020 |
| Apartment Style | Low-Rise | Parcel Number | 4073-0088 |
| Zoning | RF-1 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1937/2020 |
| Zoning | RF-1 |
| Parcel Number | 4073-0088 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 650 |
| 2+1 | 2 | - | 1,000 |
| 3+1 | 2 | - | 1,300 |
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