Remarks

108-unit apartment community composed of 9 buildings located at Wheeler Rd SE and 10th Pl SE in Washington, D.C. This community is conveniently located within a mile of Congress Heights metro, walking distance to Harris Teeter and near the Joint Base Anacostia-Bolling Air Force Base, Washington Navy Yard and MGM National Harbor. This multifamily asset consists of 12 one-bedroom, one-bathroom units, 33 two-bedroom, one-bathroom units, 60 two-bedroom, one-bathroom units and 3 four-bedroom, 1-bathroom unit many of which are under a tenant-based voucher program such as HCPV, GWUL and Pathway to Housing DC, ensuring strong collections and predictable income. The property presents interior and exterior renovations within the last two years which include: mechanical, electrical and major plumbing upgrades, newer windows, newer doors and kitchen cabinets, newer flooring, updated appliances, sewer upgrades, 42 security cameras and laundry room upgrades. Laundry rooms in every building, 70 units have been fully renovated from 2023- 2025, exterior of all buildings has been painted and solar panels have recently been installed under the Sustainable DC initiative program.

Details

MLS#: DCDC2192710
Price: $19,900,000

Year Built: 1964

County: WASHINGTON
Subdivision: Congress Heights
Tax Fee: 14688.0