1300 Blk of Ridge Pl SE Washington, DC 20020
Description
- 1300 Blk of Ridge Pl SE Washington, DC 20020
Year Built: 1928 – 24,111Sq Ft
PLEASE SEND A POF AND NDA and I can send over the Appraisals- These are appraised AS-IS at $16 Million. After Repair $18 Million
REPLY IF INTERESTED- MUST SIGN NDA for APPRAISAL – OFFERS
– 24 total unitshttps://drive.google.com/drive/folders/1-3Qo-L1DjA_OJU47YtQgB7dhUlKKGXs-?usp=share_linkCurrent C of O in place for 28 units
Renovated in 2017
1 @ 1 bedroom unit
15 @ 2 bedroom units
8 @ 3 bedroom units
Currently there are 5 vacancies, but I have new voucher tenants queued to move into 3 of them, and the remaining 2 will be leased when the turn over is completed. All units leased at voucher rates300 -300 Blk of Anacostia Rd SE: 28 total units across two buildings (14 units in each building) 313 Anacostia was fully renovated, completed this past February and is all three bedroom units. There are 3 vacancies in 313 currently. 315 has a single remaining tenant we are working to buy out. All units (except his) have been gutted for demolition, turning them into 14 three bedroom units.
https://drive.google.com/drive/folders/1-0BWu3pff3Cz-hR8LZjtT6yGgMA6ulpO?usp=share_link
4000-4000 Blk of 1st St SE: – 24 total units across two buildings (12 units in each building) 4020 1st St SE has 3 remaining market tenants, with 9 vacancies. All other units are vacant, and have been gutted. 4020 has an approved plan set and building permit at DCRA, payment just needs to be made for release. All units to be renovated to three bedrooms. 4022 1st St SE has 6 remaining market tenants, with 6 vacancies. This building mirrors 4020, and we would have used the same floor plan/layout for them. All units were to be renovated into three bedrooms. Overall price is $13,000,000 for all properties. 76 total units (80 including the 4 extra units on the C of O for Ridge).
https://drive.google.com/drive/folders/1–1uOF1RiYp1KpCSIaDPshKy3SBiphYd?usp=share_link
Address
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Address 1300 Blk of Ridge Pl SE Washington, DC 20020
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Country United States
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City/Town DMV
Overview
- Property ID 6958
- Price $16,000,000
- Property Type Apartments Buildings
- Property status Off-Market / For Sale
- Bedrooms 3
- Bathrooms 1
- Year Built 1928
- Size 24,111 SqFt
- Label SOLD
Contact
Patriarch Property MGMT LLC.
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