1313 Adams St NE

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1313 Adams St NE

Washington, DC 20018
Asking Price
Contact for price
Asset Type
Student Housing Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset located at 1313 Adams St NE in Washington.
  • Property features a total of 4 dedicated housing units.
  • Specifically designed to serve the local student housing market.
  • Positioned within a established neighborhood in the 20018 zip code.
  • Stable rental demand driven by the surrounding university system.

What's Special

Washington, DC serves as a stable economic hub driven by federal institutions and a concentrated academic population. Situated in the 20018 zip code, this multifamily property at 1313 Adams St NE is well-positioned within an established residential neighborhood. The asset consists of 4 units specifically designated for student housing, providing a direct connection to the local university system and rental market demand. Given the ongoing need for educational infrastructure and proximity to regional transit arteries, this asset offers a strategic addition to a focused investment portfolio. Its scale allows for efficient management while capitalizing on the consistent influx of students seeking off-campus living arrangements throughout the academic year. The layout supports stable occupancy patterns typically associated with the institutional educational landscape of the District.

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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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