1023 Bladensburg Road Northeast

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1023 Bladensburg Road Northeast

Washington, DC 20002
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

What's Special

30-Unit Multifamily + Retail Development Opportunity | Designed by an Award-Winning Architect <p><span style="color: rgba(10, 11, 15, 1)">• Conveys with Architechtural Plans for 30 Multifamily Units Above 4,832-SF of Retail</span></p><p><span style="color: rgba(10, 11, 15, 1)">• Strong Development Pipeline in the Immediate Area Including the Planned RFK Campus</span></p><p><span style="color: rgba(10, 11, 15, 1)">• Proximate to the H Street Corridor, Hechinger Mall, Union Market, Ivy City, & More</span></p><p><span style="color: rgba(10, 11, 15, 1)">• Located Along a Bladensburg Road NE

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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