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4811 Georgia Ave NW 10 Unit Apartment Building $2,000,000 ($200,000/Unit) Washington, DC 20011
INVESTMENT HIGHLIGHTS
- TOPA-Free Sale Process | Delivered Vacant at Closing
- Rising Multifamily Rents | Multifamily Rents have Increased 12% Since 2022
- On-Site Parking | Easy Access to Public Transit | 0.9 Miles from Georgia Avenue-Petworth Metro Station & Multiple Bus Lines
- Value-Add Opportunity | Exterior Construction, Framing and M.E.P. Systems in Place
- More than 725 Multifamily Units Proposed or Under Construction within a 1-Mile Radius
EXECUTIVE SUMMARY
Feldman Ruel is pleased to offer for sale 4811 Georgia Avenue NW, a newly-constructed 10-unit multifamily property with two on-site parking spaces. Located in the Petworth neighborhood of Washington, D.C., the subject property will be delivered vacant and, therefore, the sale of the property is not subject to TOPA. 4811 Georgia Avenue NW is being delivered with exterior construction, framing, and MEP systems in place, allowing a purchaser to tailor the completion of the interior construction in accordance with the approved plans and permits or the option to amend the plans to their preferences.
PROPERTY FACTS
| Price | $2,000,000 | Building Class | B |
| Price Per Unit | $200,000 | Lot Size | 0.04 AC |
| Sale Type | Investment | Construction Status | Under Construction |
| No. Units | 10 | Building Size | 10,371 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2026 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.19/1,000 SF |
| Zoning | MU-4 - Mixed-use | ||
| Price | $2,000,000 |
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.04 AC |
| Construction Status | Under Construction |
| Building Size | 10,371 SF |
| No. Stories | 5 |
| Year Built | 2026 |
| Parking Ratio | 0.19/1,000 SF |
| Zoning | MU-4 - Mixed-use |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Disposal
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 6 | - | - |
| 2+2 | 2 | - | - |
1 1
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 3011-0078 | Improvements Assessment | $1,127,550 |
| Land Assessment | $161,910 | Total Assessment | $1,289,460 |
PROPERTY TAXES
Parcel Number
3011-0078
Land Assessment
$161,910
Improvements Assessment
$1,127,550
Total Assessment
$1,289,460
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4811 Georgia Ave NW
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