Property profile

2323 Pennsylvania SE Ave Washington, DC 20020

OFF-MARKET
High-rise multifamily apartments
Property ID
US16-0058119
76,800 SF 0.72 ac lot Built 2009
Entity Owned 18-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 2009
Construction WOOD
Total area 76,800 SF
Lot 0.72 ac (31,500 SF)
Zoning code MU-4
APN 5560 0055
UPID US16-0058119

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center
  • Apartment Building
  • (Bike/Boat/Book/etc) Store
  • High School Daycare Center
  • (Bike/Boat/Book/etc) Store

Location

2323 Pennsylvania SE Ave Washington, DC 20020-6717
Washington metro Census 7601 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.11M
Blend (final) Blend
$8.57M

Owner & transaction history

since 2008
3 recorded transactions
2008
$1.8M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MU-4 · Washington, DC
Zoning description

/DC, MU 4/DC, MU-5A/DC, MU-6B/DC, MU-8B/DC, MU-9B/DC, AND MU-10/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST AND CAPITOL HILL COMMERCIAL MIXED-USE ZONES - MU-2/CAP,…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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