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

Listing Agents