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The Residence of Kalorama 1800 Connecticut Ave NW 8 Room Serviced Apartment Washington, DC 20009 $6,000,000 ($750,000/Room)



Investment Highlights
- +7,600 SF mixed-use hospitality and retail building at the prominent, signalized corner of Connecticut Avenue and S Street NW in Dupont Circle
- Fully renovated in 2019, the Residence of Kalorama features eleven short-term rental units operating under an Inn designation
- Loan Terms Offered by Lender - Term: 25-year Amortization with a 2-3 year balloon, Rate: Fixed at 7.5%, Loan: 70-80% of Purchase Price
- Established street-level restaurant with two decades of operating history in this neighborhood provides consistent income and proven tenant stability
- Prime location just two blocks from the Dupont Metro, surrounded by leading dining, retail, and hospitality destinations
Property Facts
Amenities
- Restaurant
- On-Site Retail
- On-Site Bar
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 8 | $325.00 | - |
1 1
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 2532-0034 | Improvements Assessment | $3,116,120 |
| Land Assessment | $719,730 | Total Assessment | $3,835,850 |
Property Taxes
Parcel Number
2532-0034
Land Assessment
$719,730
Improvements Assessment
$3,116,120
Total Assessment
$3,835,850
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The Residence of Kalorama | 1800 Connecticut Ave NW
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