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Eleven-Unit Condo Portfolio in the Heart of Washington, DC


RealINSIGHT Marketplace and Greysteel are pleased to offer the opportunity to acquire an eleven-condo portfolio located at 3520 W Place NW in Washington, D.C. The Property is located in the North Georgetown/Glover Park submarket, a highly desirable residential market in Washington, D.C. The Property is located in a walker’s paradise with a 90 Walkscore and within a two-minute stroll of dining, nightlife, recreation, and lifestyle amenities along Wisconsin Avenue NW. Georgetown University, American University, and MedStar Georgetown Hospital Center are all within two miles of the Property, providing strong economic drivers via the combined 24,615 employees and students. Just three minutes from the Property, the Georgetown Circulator Bus runs between the city’s main attractions and popular neighborhoods. Major District thoroughfares Massachusetts Avenue NW and Wisconsin Avenue NW provide residents direct and immediate access to employment centers in Downtown and Uptown Washington, Georgetown and Montgomery County, MD.

Ownership of these eleven units provides the owner control of the 18-unit condo association. This asset presents an opportunity to capitalize on variable investment strategies including.

 

  • Traditional own-and-operate
  • Condo flip after renovation
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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Georgetown Walk Condominiums

3520 W Place NW, Washington, DC 20007

Expired

Asset Snapshot

  • Asset Type
  • Real Estate
  •  
  • Multifamily Type
  • Condominium
  • Property Size
  • 11 Units
  • Land Area
  • 0.00 Acres
  • Year Built
  • 1928
  • Year Renovated
  • 1986
  • Number of Floors
  • 3
  • Number of Buildings
  • 1
  • Occupancy
  • 90.90%
  • Occupancy as of
  • Feb 28, 2018
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. Thomas M. Weschler

      c/o Fisher Auction Company Inc.

      License: #65990748