4400 Hunt NE Pl Washington, DC 20019-3663

Property Details for 4400 Hunt NE Pl

Year built

1951

Construction

BRICK

Lot size

0.21 lot acres

Property size

10,269 SF

Zone code

R-2

Property type

Apartment buildings

APN

5127 0114

APU

51270114

Description

This 15-unit apartment building, located at 4400 Hunt Pl NE, Washington, DC 20019, presents a unique investment opportunity. Built in 1951, this Class C property boasts 11,300 square feet on a 9,273 square foot lot, zoned R-2. The property is part of a larger portfolio currently undergoing Chapter 11 bankruptcy proceedings, offering investors a chance to acquire a distressed asset free from the Tenant Opportunity to Purchase Act (TOPA). Recently renovated, this building requires minimal capital expenditure upon acquisition. Its location in Washington, DC's rapidly evolving East of the River submarket, near significant developments like The St. Elizabeths East Campus and Skyland Town Center, promises substantial future growth potential. The ideal unit mix caters to diverse rental demands. This single-building acquisition offers a strategic entry point into the DC multifamily market, benefiting from the area's ongoing infrastructure improvements and increased amenities. The property's distressed sale status presents a compelling value proposition for investors seeking significant upside potential. This is a rare opportunity to acquire a well-positioned asset in a high-growth area of the city.

Location Insight

City

Washington

County

District Of Columbia

State

DC

Longitude

-76.9385

Latitude

38.9009

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments