Semi-Contiguous 25-Unit Multifamily
2775 Naylor Road SE Washington, DC 20020
For Sale
Contact for pricing
Six semi-contiguous multifamily properties totaling 25 units are offered under common ownership in Southeast Washington, D.C.
Property Size19,304 SF
Lot Size0.75 Acres
Price / SF$336.72
Days on Market11
Property Features for 2775 Naylor Road SE
General Information
Standard status
Active
Size
19,304 SF
Lot size
0.75 Acres
Property subtype
Multifamily
Building Details
Year Built
1943
Listing Agency:
Realty One Group Performance
Listed By:
Dean Hunter · License #17337
Source:
Crexi
Added: Jul 20
Changed: Jul 25
Last Checked: Jul 30 at 5:02AM
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 Realty One Group Performance
Investment Insights
Based on property information with market context.
The Adamsland Portfolio is a for-sale, single-transaction multifamily assemblage consisting of six semi-contiguous properties totaling 25 residential units, all under common ownership. The portfolio includes approximately 32,863 square feet of assembled land and approximately 19,304 square feet of existing improvements. The unit mix is one one-bedroom apartment, twenty two-bedroom apartments, and four three-bedroom apartments. Current occupancy is approximately 80%, with three of five vacant units in the DCHA voucher lease-up process.
The portfolio is located in Southeast Washington, D.C. The offering materials indicate current annualized scheduled rental income of approximately $427,200 and projected stabilized gross scheduled rental income of approximately $579,324. Underwriting reflects a current NOI of approximately $338,255 and a projected stabilized NOI of approximately $461,413, with an implied stabilized capitalization rate of approximately 7.1% at the asking price. Tours are available by appointment only, and tenants should not be disturbed.
The portfolio is located in Southeast Washington, D.C. The offering materials indicate current annualized scheduled rental income of approximately $427,200 and projected stabilized gross scheduled rental income of approximately $579,324. Underwriting reflects a current NOI of approximately $338,255 and a projected stabilized NOI of approximately $461,413, with an implied stabilized capitalization rate of approximately 7.1% at the asking price. Tours are available by appointment only, and tenants should not be disturbed.
Key Highlights
- Portfolio of six semi‑contiguous multifamily properties with 25 total residential units under common ownership in Southeast Washington, D.C.
- Unit mix: 1 one‑bedroom, 20 two‑bedroom, and 4 three‑bedroom apartments.
- Approximately 32,863 SF assembled land with approximately 19,304 SF of existing improvements.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $590.7k | $30.60 |
| − Vacancy | −$36.6k | −$1.90 |
| EGI | $554.1k | $28.70 |
| − OpEx | −$249.3k | −$12.92 |
| NOI | $304.7k | $15.79 |
19,304 SF · lease $30.60/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$4.35M
$3.81M – $5.08M
NOI $304,743 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.97M
$8.72M – $11.63M
NOI $697,668 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Six semi-contiguous multifamily properties totaling 25 units are offered under common ownership in Southeast Washington, D.C.
Where is this apartment building located?
The property is located at 2775 Naylor Road SE Washington, DC.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Portfolio of six semi‑contiguous multifamily properties with 25 total residential units under common ownership in Southeast Washington, D.C.; Unit mix: 1 one‑bedroom, 20 two‑bedroom, and 4 three‑bedroom apartments.; Approximately 32,863 SF assembled land with approximately 19,304 SF of existing improvements.
