This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

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
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
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

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)
  • Listing ID: 30041195

  • Date on Market: 11/13/2023

  • Last Updated:

  • Address: 2027 Rhode Island Ave NE, Washington, DC 20018

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}