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4951 G St SE
Washington, DC 20019
G Street Apartments · Multifamily Property For Sale
·
45 Units
Investment Highlights
- 45-Unit Multifamily Asset – Southeast Washington, DC Rare opportunity to acquire a building of this scale in a supply-constrained DC submarket.
- Discount to Stabilized Value Opportunity to acquire well below stabilized multifamily pricing in the Washington, DC market
- 55% Current Occupancy – Immediate Value-Add Opportunity Significant upside through lease-up and operational stabilization
- Turnaround Opportunity for Experienced Operators Ideal for investors with the capability to stabilize occupancy, improve management, and increase NOI.
Executive Summary
4951 G Street SE offers investors a rare opportunity to acquire a 45-unit apartment building in Southeast Washington, DC at a significant discount to stabilized value.
The property is currently operating at approximately 55% occupancy, creating a clear turnaround opportunity for experienced multifamily operators. With strong underlying rental demand in the submarket and a large pool of voucher and workforce housing tenants seeking units, a new owner has the opportunity to rapidly increase occupancy and reposition the asset.
This is not a stabilized investment. It is a true operational value-add opportunity suited for investors with the experience and capital to execute a lease-up strategy and implement improved property management.
Opportunities of this scale and pricing rarely come to market in Washington, DC.
Investment Highlights
• 45-unit multifamily building in Southeast Washington, DC
• Currently operating at approximately 55% occupancy
• Significant upside through lease-up and operational stabilization
• Strong demand for workforce and voucher housing in the surrounding market
• Opportunity to acquire at a basis well below replacement cost
• Ideal for experienced operators seeking a turnaround investment in the DC multifamily market
Investors are encouraged to review the offering materials and contact the listing team for additional information.
The property is currently operating at approximately 55% occupancy, creating a clear turnaround opportunity for experienced multifamily operators. With strong underlying rental demand in the submarket and a large pool of voucher and workforce housing tenants seeking units, a new owner has the opportunity to rapidly increase occupancy and reposition the asset.
This is not a stabilized investment. It is a true operational value-add opportunity suited for investors with the experience and capital to execute a lease-up strategy and implement improved property management.
Opportunities of this scale and pricing rarely come to market in Washington, DC.
Investment Highlights
• 45-unit multifamily building in Southeast Washington, DC
• Currently operating at approximately 55% occupancy
• Significant upside through lease-up and operational stabilization
• Strong demand for workforce and voucher housing in the surrounding market
• Opportunity to acquire at a basis well below replacement cost
• Ideal for experienced operators seeking a turnaround investment in the DC multifamily market
Investors are encouraged to review the offering materials and contact the listing team for additional information.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Furnished Units Available
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 15 | - | 780 |
| 3+2 | 15 | - | 875 |
| 4+2 | 15 | - | 950 |
Property Taxes
| Parcel Number | 5342-0019 | Improvements Assessment | $2,062,190 |
| Land Assessment | $1,634,660 | Total Assessment | $3,696,850 |
Property Taxes
Parcel Number
5342-0019
Land Assessment
$1,634,660
Improvements Assessment
$2,062,190
Total Assessment
$3,696,850
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