Randle Circle Apartments
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Randle Circle Apartments
4 Multifamily Properties Offered at $3,210,000 in Washington, DC
Investment Highlights
- Stabilized Asset with Rent Growth Potential
- Long-Term Ownership By An Award-Winning Development & Property Management Company
- Recent Capital Expenditures Completed
- Located Near Convergence of Hillcrest, Dupont Park, and Fort Dupont
- Flexibility in Exit Strategy & Immediate Value Creation
- Nearby Public Transportation
Executive Summary
Horvath & Tremblay is pleased to present the exclusive sale of Randle Circle Apartments, a 31-unit multifamily community in Southeast Washington, DC just steps from Fort Dupont Park (the “Property”). Randle Circle Apartments is situated in the Penn Branch neighborhood, which is a convergence of Hillcrest, Dupont Park, and Fort Dupont, tucked away in a residential enclave west of Minnesota Avenue. Positioned along a treelined street in a residential neighborhood, the Randle Circle Apartments offers convenient access to Anacostia Park, Fort Circle Park, the area’s major employers, schools, shopping, entertainment venues, and highways. Randle Circle Apartments consists of approximately 28,000 gross square feet within four adjacent buildings. 3017, 3019, and 3023 Massachusetts Avenue SE are two-story brick multifamily buildings, and 3035 Massachusetts Avenue SE is a three-story plus basement brick multifamily building. Randle Circle Apartments contains nineteen (19) one bedroom units, four (4) one-bedroom with den units, and eight (8) two bedroom units on a combined 0.49-acres of land (21,303 square feet). The well-maintained buildings offer an on-site laundry facility and a private setting with attractive green space.
Property Facts
Price | $3,210,000 | Number of Properties | 4 |
Price / SF | $207.77 / SF | Individually For Sale | 0 |
Sale Type | Investment | Total Building Size | 15,450 SF |
Status | Active | Total Land Area | 0.49 AC |
Price | $3,210,000 |
Price / SF | $207.77 / SF |
Sale Type | Investment |
Status | Active |
Number of Properties | 4 |
Individually For Sale | 0 |
Total Building Size | 15,450 SF |
Total Land Area | 0.49 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
3017 Massachusetts Ave SE, Washington, DC 20019 | Multifamily | 3,200 SF | 1942 | - |
3019 Massachusetts Ave SE, Washington, DC 20019 | Multifamily | 3,200 SF | 1942 | - |
3023 Massachusetts Ave SE, Washington, DC 20019 | Multifamily | 3,200 SF | 1942 | - |
3035 Massachusetts Ave SE, Washington, DC 20019 | Multifamily | 5,850 SF | 1942 | - |
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Randle Circle Apartments
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