Log In/Sign Up
Your email has been sent.
1440 Rock Creek Ford Rd NW
Washington, DC 20011
Rockview Apartments · Multifamily Property For Sale
·
89 Units
Investment Highlights
- Strong in-place operations with rental upside
- Professionally managed and maintained
- In-demand, highly marketable unit mix
- Consistent rental-revenue growth
- Meaningful scale in Northwest DC
- Established parking revenue
Executive Summary
The Zupancic Group of Marcus & Millichap is pleased to present Rockview Apartments, an 89-unit multifamily community located at 1440 Rock Creek Ford Road NW in Washington, DC’s Brightwood neighborhood. Currently 94.4% occupied, Rockview generates approximately $127,000 in monthly in-place rental income and has demonstrated consistent rental-revenue growth, with additional upside available through permitted rent increases, unit turnover, and the lease-up of five vacant apartments. The professionally managed and well-maintained property features a unit mix of 26 studios, 52 one-bedroom units, and 11 two-bedroom units. The property also offers potential additional revenue opportunities through the utilization of its existing solar-panel infrastructure and the repurposing of approximately 3,000 square feet of lower-level space. Rockview offers investors meaningful Northwest DC scale and established in-place cash flow, together with multiple avenues for new ownership to further increase revenue.
Property Facts
| Sale Type | Investment | Lot Size | 1.30 AC |
| No. Units | 89 | Building Size | 92,166 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 0.6/1,000 SF |
| Zoning | RA-1 - Permits low to moderate-density development, including detached dwellings, rowhouses, and low-rise apartments | ||
| Sale Type | Investment |
| No. Units | 89 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 1.30 AC |
| Building Size | 92,166 SF |
| Average Occupancy | 97% |
| No. Stories | 4 |
| Year Built | 1959 |
| Parking Ratio | 0.6/1,000 SF |
| Zoning | RA-1 - Permits low to moderate-density development, including detached dwellings, rowhouses, and low-rise apartments |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Gas Range
- Smoke Free
- Roof Terrace
- Elevator
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 26 | $1,245 | 529 |
| 1+1 | 52 | $1,531 | 697 |
| 2+1 | 11 | $1,981 | 926 |
Property Taxes
| Parcel Number | 2726-0821 | Improvements Assessment | $6,982,430 |
| Land Assessment | $2,927,660 | Total Assessment | $9,910,090 |
Property Taxes
Parcel Number
2726-0821
Land Assessment
$2,927,660
Improvements Assessment
$6,982,430
Total Assessment
$9,910,090
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
