The Small Multifamily Group is pleased to offer a premium investment opportunity a substantial 45-unit apartment complex located in the thriving Marshall Heights neighborhood in Washington, DC.
This attractive asset, which boasts a net operating income of approximately $440,000 provides quality urban living with a harmonious blend of comfort and affordability.
Currently carrying an assumable loan of $6.2 million with a favorably low interest rate of 3.2%, this is a rare acquisition opportunity.
The property is comprised of an advantageous mix of units, more than half are three-bedroom units. The current rents are under market value, presenting the potential for significant rent increases upon lease renewals, promising immediate returns.
