2300 Good Hope Rd SE
Washington, DC 20020

Chapter 11 Bankruptcy - Not Subject to TOPA
???????The Zupancic Group of Marcus & Millichap, as the exclusive listing agent approved by the United States Bankruptcy Court for the District of Columbia, is delighted to introduce Marbury Plaza. The sale is subject to a Chapter 11 Bankruptcy process. The offering presents an investor with the opportunity to acquire a multifamily asset with a Certificate of Occupancy for 672 apartment units without being subject to the Tenant Opportunity to Purchase Act (TOPA) process due to the property’s bankruptcy status, which qualifies for exemption from TOPA as defined in §42-3404.02 of DC code. Nestled just steps away from major local developments in Anacostia and Skyland Town Center, Marbury Plaza offers easy access to premier DC neighborhoods like Navy Yard and Capitol Hill, all within a 10-minute drive. Once revered as one of the most prestigious addresses in DC, Marbury Plaza was home to famous former residents such as Isaac Hayes, as well as numerous elite doctors and lawyers. Today, it presents a unique investment opportunity with a rich history and immense future potential. Recent significant capital expenditures have been directed toward the property’s mechanical and structural elements, reducing immediate costs for prospective investors, but still providing a rare value-add opportunity with significant scale in Washington, DC.