Property profile

2632 Martin Luther King Jr SE Ave Washington, DC 20020

OFF-MARKET
High-rise multifamily apartments
Property ID
US16-0161872
96,030 SF 1.04 ac lot Built 2011
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 2011
Construction WOOD
Total area 96,030 SF
Lot 1.04 ac (45,277 SF)
Zoning code RA-1
APN 5868 1061
UPID US16-0161872

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
  • Apartment Building

Location

2632 Martin Luther King Jr SE Ave Washington, DC 20020-7733
Washington metro Census 7401 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
$7.17M
Blend (final) Blend
$10.51M

Owner & transaction history

since 2012
3 recorded transactions
2012
Price N/A
2010
Price N/A
1969
Price N/A

Zoning & alternative use

RA-1 · Washington, DC
Zoning description

UPANCY 210 Source Note 211 GREEN AREA RATIO 211 Source Note 212 SPECIAL EXCEPTION FOR PUBLIC LIBRARIES AND PUBLIC RECREATION AND COMMUNITY CENTERS 212 Source Note CHAPTER 3 NAVAL OBSERVATORY RESIDENTIAL APARTMENT ZONE -…

General category CIVIC_INSTITUTIONAL

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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