Federally Assisted Affordable Housing
For Sale
Contact for pricing
1440 Meridian Pl NW, Washington, DC 20010
HUD PRAC-regulated affordable housing property at 1440 Meridian Pl NW, sold standalone or as part of a portfolio.
Property SizeContact for details
Days on Market130
Property Features for 1440 Meridian Pl NW
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Investment Type
Institutional
Building Details
Buildings
1
Units
21
Listing Agency:
Samson Properties
Listed By:
Noble Davis · License #BR200201693
(202) 409-6326
Source:
Crexi
Added: May 4
Changed: Aug 25
Last Checked: Sep 10 at 7:09AM
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 Samson Properties
Investment Insights
Based on property information with market context.
Sunflower House is a federally assisted housing asset operating under a HUD Project Rental Assistance Contract (PRAC) and related regulatory agreements. Based on the available structure and documentation, the property is positioned to align with long-term affordable housing preservation objectives and will require a purchaser with experience navigating HUD-regulated ownership transfers and compliance obligations.
The property is located at 1440 Meridian Pl NW, Washington, DC 20010. It may be sold separately or as part of a portfolio with Marigold Place, which is also described as a regulated affordable housing asset with established operations and long-term preservation potential. This creates flexibility for buyers evaluating either a standalone acquisition or a broader portfolio strategy alongside Sunflower House.
The property is located at 1440 Meridian Pl NW, Washington, DC 20010. It may be sold separately or as part of a portfolio with Marigold Place, which is also described as a regulated affordable housing asset with established operations and long-term preservation potential. This creates flexibility for buyers evaluating either a standalone acquisition or a broader portfolio strategy alongside Sunflower House.
Key Highlights
- Federally assisted affordable housing asset operating under a HUD Project Rental Assistance Contract (PRAC)
- HUD‑regulated ownership transfers and compliance obligations indicated for purchasers
- Address: 1440 Meridian Pl NW
Property Analytics
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Location Intelligence
Trade Area within ½ mile
2,952
Businesses Nearby
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Business Placement
Demographics for 20010, DC
32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - HUD PRAC-regulated affordable housing property at 1440 Meridian Pl NW, sold standalone or as part of a portfolio.
Where is this specialty property located?
The property is located at 1440 Meridian Pl NW Washington, DC.
What are key features of this property?
This property features: Federally assisted affordable housing asset operating under a HUD Project Rental Assistance Contract (PRAC); HUD‑regulated ownership transfers and compliance obligations indicated for purchasers; Address: 1440 Meridian Pl NW
