45 Q St SW | Washington, DC 20024
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- LoopNet Team
45 Q St SW
Washington, DC 20024
Multifamily Property For Sale
·
60 Units
INVESTMENT HIGHLIGHTS
- Shovel-Ready Development: Fully entitled with site plan approval, allowing quick development and revenue generation.
- Prime Location: Surrounded by $3 billion in investment near Navy Yard, The Wharf, and Buzzard Point, driving growth and demand.
- Sports and Entertainment Hub: Positioned between Nationals Park and Audi Field, benefiting from heavy foot traffic and tourism.
- Favorable Tax Incentives: Located in an Opportunity Zone, QCT, and SDDA, offering significant tax benefits.
- Moxy Hotel Partnership: Secured with Marriott’s Moxy Hotels, providing brand recognition and guest appeal.
- Exceptional Connectivity: Easy access to I-295, two Metro stations, and Ronald Reagan National Airport.
PROPERTY FACTS
| No. Units | 60 | Construction Status | Proposed |
| Property Type | Multifamily | Building Size | 50,000 SF |
| Property Subtype | Apartment | No. Stories | 11 |
| Apartment Style | Mid-Rise | Year Built | 2028 |
| Building Class | B | Parking Ratio | 1.1/1,000 SF |
| Zoning | CG-4 - a special purpose zone that allows for medium- to high-density mixed-use development | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Construction Status | Proposed |
| Building Size | 50,000 SF |
| No. Stories | 11 |
| Year Built | 2028 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | CG-4 - a special purpose zone that allows for medium- to high-density mixed-use development |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Pool
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 22 | - | - |
| 1+1 | 38 | - | - |
PROPERTY TAXES
| Parcel Number | 0657-0815 | Improvements Assessment | $10,000 |
| Land Assessment | $11,977,570 | Total Assessment | $11,987,570 |
PROPERTY TAXES
Parcel Number
0657-0815
Land Assessment
$11,977,570
Improvements Assessment
$10,000
Total Assessment
$11,987,570
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