PRICED TO SELL - 7.82% cap on actual collected income, 9.13% pro forma. Five furnished 1BR/1BA units, renovated in 2025, all five occupied. Every unit includes washer/dryer, smart TV, queen bed and a dedicated workspace, rented all-inclusive on flexible mid-term terms to the military, medical-resident and government-contractor demand DC generates… Read More year-round. Dedicated furnished inventory in this submarket is close to nonexistent - national operators price comparable units at $2,900-$3,300/month. Mid-term furnished tenancies turn over on defined terms, keeping the rent roll current with the market rather than locked to legacy rates. All-electric, individually metered, brick, 3,780 SF. At $139,800 per unit this prices below the $148,682 submarket average, with Skyland Town Center Phase 3 (0.3 mi) and the Barry Farm redevelopment (0.9 mi) underway. Government agency leasing at $2,000/unit takes the cap rate to roughly 10.6%. Seller motivated and will review all reasonable offers. Read Less
Courtesy of Matt Naha, Samson Properties 240-630-8689
Listing Snapshot
Days Online
177
Last Updated
Property Type
Commercial
Square Ft.
3,780
Lot Size
0.1 Acres
Year Built
1943
MLS Number
DCDC2253442
Additional Details
Building
Built in 1943, Built in 2025 (effective), 2 stories, Construction Materials: Brick
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