1324 N North Capitol St Nw Washington, DC 20002
Newly constructed, fully furnished 67-unit building with flexible usage options.
- Added:
- Jun 2, 2025
- Days on Market:
- 321
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 1324 N North Capitol St Nw
General Information
- Standard status
- Active
Building Details
- Year Built
- 2024
Listing agent NATALIE E HASNY
Listing office CAPITAL RESIDENTIAL PROPERTIES (703) 243-3004
Listing date Jun 2, 2025
Source Corcoran
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Overview
Luxury Multifamily Building with Options
The property at 1324 North Capitol Street NW is a newly constructed 67-unit luxury multi-family building, completed in 2024. It is currently operating as a fully furnished, high-performing short-term rental under the “Reside, a Wyndham Residence” brand. Zoned MU-5A, the property can be transferred as a fully stabilized asset or vacant. TOPA does not apply. This asset offers maximum optionality in terms of future use, including continued hospitality use under Wyndham (or other Short-Term Rental operator), a traditional multi-family property, a corporate housing asset (includes all FFE), or conversion and sale as luxury condominiums. The property conveys turnkey with condo-level finishes, fully furnished units (FFE included), and rental revenue, all of which provide a built-in cash flow. This asset is ideal for a family office investment, institutional buyers, 1031 exchange investors, and foreign capital seeking proven results in a Washington DC location, flexibility of use, and long-term upside.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Short term rental ...
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -77.0094
- Latitude
- 38.9081
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FAQs
What type of property is this?
Apartment building - Newly constructed, fully furnished 67-unit building with flexible usage options.
Where is this apartment building located?
The property is located at 1324 N North Capitol St Nw Washington, DC.
What is the asking price?
The asking price for this property is $27,500,000.
What are key features of this property?
This property features: Newly constructed (2024) 67‑unit luxury multi‑family building.; Currently operating as a high‑performing, fully furnished short‑term rental under the "Reside, a Wyndham Residence" brand, providing built‑in cash flow.; Offers maximum optionality for future use: hospitality, multi‑family, corporate housing, or luxury condominiums.
