1701 Park Rd NW | Washington, DC 20010
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- LoopNet Team
1701 Park Rd NW
Washington, DC 20010
Park Regent Apartments · Multifamily Property For Sale
·
96 Units
INVESTMENT HIGHLIGHTS
- Capitalize on the opportunity to create revenue improvements through unit renovations or other revenue improvement strategies
- A 96-unit Wardman-style mid-rise in the Mount Pleasant neighborhood of NW Washington, D.C.
- o With a 96 Walkscore the property is located on the doorstep of Mount Pleasant, at the intersection of Mount Pleasant St NW and Park Rd NW
- The property is a short walk to the Columbia Heights metro station and multiple bus lines along Mount Pleasant St NW and 16th St NW
- The building was originally built in 1910 and includes 81 studios, twelve 1BDR and three 2BDR units
PROPERTY FACTS
| No. Units | 96 | Construction Status | Under Renovation |
| Property Type | Multifamily | Building Size | 77,291 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | C | Year Built/Renovated | 1910/2026 |
| Lot Size | 0.51 AC | ||
| Zoning | RA-2 | ||
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Construction Status | Under Renovation |
| Building Size | 77,291 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built/Renovated | 1910/2026 |
| Zoning | RA-2 |
AMENITIES
UNIT AMENITIES
- Microwave
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Controlled Access
- Fitness Center
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 81 | - | - |
| 1+1 | 12 | - | - |
| 2+1 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 2612-0651 | Improvements Assessment | $15,136,040 |
| Land Assessment | $2,489,410 | Total Assessment | $17,625,450 |
PROPERTY TAXES
Parcel Number
2612-0651
Land Assessment
$2,489,410
Improvements Assessment
$15,136,040
Total Assessment
$17,625,450
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