Luxury Multifamily Building with
For Sale
$27,500,000
1324 N North Capitol St Nw, Washington, DC 20002
Newly constructed, fully furnished 67-unit building with flexible usage options.
Property SizeContact for details
Days on Market515
Property Features for 1324 N North Capitol St Nw
General Information
Standard status
Active
Site & Location
Neighborhood
Truxton Circle
Taxes and HOA fees
Annual Taxes
$18,424
Building Details
Year Built
2024
Listing Agency:
CAPITAL RESIDENTIAL PROPERTIES
Listed By:
NATALIE E HASNY · License #BR716432
(202) 309-8530
Source:
Corcoran
Added: Jun 2, 2025
Changed: Mar 16
Last Checked: Apr 24 at 5:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CAPITAL RESIDENTIAL PROPERTIES
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
4,753
Businesses Nearby
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Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
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.
