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Quincy Street Portfolio 1416 Quincy St NW 42 Unit Apartment Building For Sale Washington, DC 20011
INVESTMENT HIGHLIGHTS
- Sustained Rental Demand - Urban Location and Amenities
- Newly Delivered Rent Control and TOPA Exempt
- Supply Constrained Market
EXECUTIVE SUMMARY
The Quincy Street Portfolio is a collection of three buildings comprised of a total of 42 units which were delivered from late 2019 to late 2020. The portfolio is located immediately off the upper 14th Street retail corridor adjacent to Piney Branchy Park in the Columbia Heights neighborhood of Northwest Washington, DC. Residents of the properties benefit from immediate access to lifestyle amenities and public transportation options at the property door-step bringing riders to downtown DC and north to the Parks at Walter Reed and Takoma Park, MD via metrobus.
PROPERTY FACTS
| Sale Type | Investment | Building Class | B |
| No. Units | 42 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 3,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2019 |
| Zoning | RA-2 | ||
| Sale Type | Investment |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.04 AC |
| Building Size | 3,000 SF |
| No. Stories | 3 |
| Year Built | 2019 |
| Zoning | RA-2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 2692-0016 | Improvements Assessment | $1,250,100 |
| Land Assessment | $434,900 | Total Assessment | $1,685,000 |
PROPERTY TAXES
Parcel Number
2692-0016
Land Assessment
$434,900
Improvements Assessment
$1,250,100
Total Assessment
$1,685,000
(202) 796-1106
x320
CONTACTS
-
Michael Murray -
Kyle Tangney -
Herb Schwat -
Yassi Ghashghai -
Greysteel Holdings
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Quincy Street Portfolio | 1416 Quincy St NW
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