7115 Georgia Avenue NW
Washington, D.C. 20011
The Offering
Summary
- List Price $950,000
- Product Type Multifamily Development
- Proposed GBA 5,187 SF
- Proposed Parking 2 On-Site Spaces
- Lot Size 2,109 SF
- Zoning RA-2
- Proposed Units 5
- Proposed Unit Mix 1 - 1BR/1BA + Den, 2 - 2BR/1BA, 2 - 2BR/2BA
Investment Summary
Feldman Ruel is pleased to offer for sale 7115 Georgia Avenue NW, a five-unit multifamily development site located directly across Georgia Avenue NW from The Parks at Historic Walter Reed, Washington, D.C.’s largest master-planned community, which features a diverse mix of retail amenities.
Investment Highlights
• Shovel-Ready Development | Mitigates Entitlement Risks & Carrying Costs
• Strong Condominium Market | Recent Outsales Well Above $800 per Square Foot
• Located in an Opportunity Zone | Tax Benefits for Ground-Up Development
• Surrounded by National Credit Tenants & Proximate to the Takoma Metro Station
• Directly Across the Street from Washington, D.C.’s Largest Master-Planned Community
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