1818 Riggs 1818 Riggs Pl NW 21 Unit Apartment Building $3,960,000 ($188,571/Unit) Washington, DC 20009

Horvath & Tremblay is pleased to present 1818 Riggs Place NW, a 21-unit multifamily asset located in the heart of Dupont Circle, one of Washington, DC’s most established and consistently high-performing neighborhoods. The property totals approximately 12,290 square feet and features twenty (20) studio units and one (1) one-bedroom unit across two stories plus a basement. With immediate access to Metro, nationally recognized retailers, top-tier restaurants, and major employment centers, the property offers investors an increasingly rare opportunity to acquire a boutique apartment building in a premier urban location with proven durability and long-term liquidity. The opportunity provides both stability and upside. Investors are able to acquire a professionally-maintained asset of attractive scale in Dupont Circle, boasting predictable operations and meaningful downside protection. As attractive, it also presents an immediate, executable value-creation strategy based on short-term average tenancy, providing opportunities to implement renovations on a near-term, predictable, rolling basis, boosting building performance and cash-flow.