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Buy&Hold (Multifamily): 78 Unit Apartment Building, Washington D.C. - SOLD

Updated: Jan 20

Multifamily Investment Opportunity








Acquisition Price

$9,200,000


78 RESIDENTIAL UNITS


Great opportunity to own an incredible piece of real estate in Washington D.C. This is a Class C apartment building located on the city's Southwest side. The property offers affordable housing and has great room fro value-add. Currently only 3 out of the 78 units are vacant. The potential for new renovations makes this an awesome value-add scenario.


Please submit all offers directly to sarter@promiselandrealtyllc.com


Offer Deadline 4/28/22


Property Pro-Forma



Property Renovation Budget


2-32 CHESAPEAKE ST SW budget
.xlsx
Download XLSX • 25KB



"Brick by Brick"




PROMISE LAND REALTY, LLC

Work: 864-762-2509


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*




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