1010 17th Street NE

Washington, D.C. 20002

Offering Memorandum

The Offering

Summary

  • List Price $5,250,000
  • Product Type Multifamily
  • Number of Units 15
  • Gross Building Area 14,573 SF
  • Net Rentable Area 10,856 SF
  • Occupancy 0%
  • Lot Size 4,212 SF
  • On-Site Parking 5 Spaces

Investment Summary

Feldman Ruel is pleased to present 1010 17th Street NE, a newly-constructed 15-unit multifamily family property with five on-site parking spaces. Located in the Trinidad neighborhood of Washington, D.C., 1010 17th Street NW will be delivered vacant and, therefore, the sale of the property is not subject to TOPA.

Investment Highlights

• Sale Not Subject to TOPA – Delivered Vacant

• Newly Constructed Multifamily Property

• Favorable Unit Mix of 6 1BR/1BA, 1 2BR/1BA, 5 2BR/2BA, 1 2BR/2BA+Roof Deck, 2 3BR/2BA+Roof Deck
• Low-Vacancy Apartment Submarket – 6.24% Decline in Vacancy in One Year

• 0.6 Miles from Gallaudet University

Listing Agents

Ryan Smith

Associate Director
Direct: (202) 318-6808

Ian Ruel

Managing Principal
Direct: (202) 318-6844

Josh Feldman

Managing Principal
Direct: (202) 318-6833

Brandon Cardwell

Investment Associate
Feldman Ruel
(240) 932-0015