The Heritage DC by Whitecrest | 2027 Rhode Island Ave NE
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The Heritage DC by Whitecrest 2027 Rhode Island Ave NE
42 Unit Apartment Building $18,000,000 ($428,571/Unit) Washington, DC 20018
Investment Highlights
- 100+ year-old facade, preserved, restored and incorpoated
- 1.5 miles to Rhode Island Ave-Brentwood Metro Station; 1.6 miles to Brookland-Catholic University of America Metro Station
- Short walk to Chuck Brown Memorial Park and Langdon Park Recreation Center
Executive Summary
Mixed Use building with 43 residential units and two ground floor retail spaces. 19 one-bed, one-bath units, 22 two-bed, two-bath units, 2 two-bed plus den, three-bath units (some feature private outdoor courtyards, wraparound decks, balconies)
Property Facts
Price | $18,000,000 | Building Class | B |
Price Per Unit | $428,571 | Lot Size | 0.25 AC |
Sale Type | Investment | Building Size | 31,720 SF |
No. Units | 42 | Average Occupancy | 90% |
Property Type | Multifamily | No. Stories | 6 |
Property Subtype | Apartment | Year Built | 2022 |
Apartment Style | Mid Rise | Parking Ratio | 0.25/1,000 SF |
Price | $18,000,000 |
Price Per Unit | $428,571 |
Sale Type | Investment |
No. Units | 42 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 0.25 AC |
Building Size | 31,720 SF |
Average Occupancy | 90% |
No. Stories | 6 |
Year Built | 2022 |
Parking Ratio | 0.25/1,000 SF |
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Walk Score ®
Very Walkable (81)
zoning
Zoning Code | MU-4 (Mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residential development at varying densities) |
MU-4 (Mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residential development at varying densities) |
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The Heritage DC by Whitecrest | 2027 Rhode Island Ave NE
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