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2300 Marion Barry Ave SE
Washington, DC 20020
Langston Views · Multifamily Property For Sale
·
671 Units
Investment Highlights
- CHAPTER 11 BANKRUPTCY - NOT SUBJECT TO TOPA
- DIRECT ACCESS TO DOWNTOWN DC, NAVY YARD, WHARF, AND CAPITOL HILL
- NUMEROUS AMENITIES OFFERED INCLUDING PLENTY OF PARKING, SWIMMING POOL, AND MUCH MORE
- APPROXIMATELY $14M IN RECENT CAPITAL EXPENDITURES WITH SIGNIFICANT VALUE-ADD POTENTIAL
- STEPS FROM MAJOR DEVELOPMENTS SUCH AS SKYLAND TOWN CENTER AND ST. ELIZABETH’S EAST
- FAVORABLE UNIT MIX - SPACIOUS UNITS AVERAGING 1,014 SF
Property Facts
| No. Units | 671 | Building Size | 1,197,076 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 12 |
| Apartment Style | Mid-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 0.33/1,000 SF |
| Lot Size | 10.18 AC | ||
| Zoning | RA-2 | ||
| No. Units | 671 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 10.18 AC |
| Building Size | 1,197,076 SF |
| Average Occupancy | 80% |
| No. Stories | 12 |
| Year Built | 1966 |
| Parking Ratio | 0.33/1,000 SF |
| Zoning | RA-2 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Den
- Dining Room
- Window Coverings
Site Amenities
- Controlled Access
- Clubhouse
- Playground
- Pool
- Property Manager on Site
- Doorman
- Package Service
- Elevator
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 67 | $1,265 | 538 |
| 1+1 | 250 | $1,146 | 899 - 1,079 |
| 1+1.5 | 87 | $1,317 | 1,079 - 1,219 |
| 2+2 | 267 | $1,714 | 1,221 - 1,232 |
Property Taxes
| Parcel Number | 5627-0099 | Improvements Assessment | $33,476,130 |
| Land Assessment | $13,426,890 | Total Assessment | $46,903,020 |
Property Taxes
Parcel Number
5627-0099
Land Assessment
$13,426,890
Improvements Assessment
$33,476,130
Total Assessment
$46,903,020
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