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700 QUINCY STREET NE
WASHINGTON DC 20017 US

$3,491,872

Active Listing ID DCDC2162536
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Lot: 0.17 Acres
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$3,491,872

Active Listing ID DCDC2162536
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700 QUINCY STREET NE * 100% Leased * New construction—completed in 2021 * HCVP tenants—guaranteed rent * Short walk to Brookland-CUA Metro Quincy St. Apartments is a new construction (2021), Class-A style 7-unit multifamily building, with washer/dryer in each unit. All tenants participate in the Housing Choice Voucher Program, offering mutual benefits: Tenants can rent in private market, and landlords get guaranteed rent. The new construction means minimal to no deferred maintenance, providing a benefit to investors from a property in excellent condition, increasing its appeal and potential for long-term returns. In addition, the proximity to Catholic University of America campus means a steady supply of students seeking access to walkable housing. The large bedroom count in some of the units would be perfect for a shared-living concept. Before selling, the Landlord must provide the Tenants with an Offer of Sale, regardless of whether a Third Party contract is already in place. Only an incorporated Tenant Organization may exercise the right to purchase a property with 5 or more units. A statement of interest has to be made within 45 days of receipt of the Offer of Sale. Confidential P&L and rent roll available to qualified investors upon signing of confidentiality agreement. See link on page 4 of offering memorandum in documents section.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 3491872
  • unparsedaddress: 700 QUINCY STREET NE
  • postalcity: WASHINGTON
  • stateorprovince: DC
  • country: US
  • postalcode: 20017
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 38.93847
  • longitude: -76.99471
  • listagentfullname: Geoff Lindsay
  • listagentemail: geoff@caprealtyadv.com
  • listagentkey: 3yd-TRENDPA-130935
  • listagentmlsid: 130935
  • listagentpreferredphone: 7035362100
  • listagentofficephone: 7035362100
  • listofficekey: 3yd-TRENDPA-CPTR1
  • listofficemlsid: CPTR1
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 2021
  • listingcontractdate: 2024-10-02
  • countyorparish: WASHINGTON
  • constructionmaterials: Brick
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • waterfrontyn: False
  • interiorfeatures: Other
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -76.99471, 38.93847
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Capital Realty Advisors", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"geoff@caprealtyadv.com", "ListBrokerageCity":"MC LEAN", "ListBrokerageCountry":"US", "ListBrokerageEmail":"geoff.lindsay@verizon.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Capital Realty Advisors", "ListBrokeragePhone":"(703) 536-2100", "ListBrokeragePostalCode":"22101", "ListBrokerageStateOrProvince":"VA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2032 VIRGINIA AVE", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2032 VIRGINIA AVENUE", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"MC LEAN", "ListOfficeCountry":"US", "ListOfficeEmail":"geoff@caprealtyadv.com", "ListOfficePostalCode":"22101", "ListOfficeStateOrProvince":"VA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - WASHINGTON, DC", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/DCDC2162536/?channel=rexren", "MLSModificationTimestamp":"2024-10-02T23:32:22Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7914, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:43:41 AM GMT
Source Updated Date: 11/22/2024 6:50:56 AM GMT

Courtesy of: Geoff Lindsay, Capital Realty Advisors, geoff@caprealtyadv.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.