Bass Place Apartments — Sale in Washington, DC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Washington, DC 20019

Description

Bass Place Apartments is a lender-owned, 32-unit multifamily asset located in the Marshall Heights neighborhood of Southeast DC. The property was recently renovated, is ideally operated within a gated, controlled-access entry, and features 7 one-bedroom units, 19 two-bedroom units, and 6 three-bedroom units, with an average unit size of 876 square feet and in-place rents averaging $1,485 per unit. Investment Highlights: • Optimal unit mix for submarket demand • REO sale of property with stable operations • In-place rents aligned with submarket on a per unit basis • Proximity to Benning Road Metro • Stable workforce housing fundamentals • Operations-driven value creation • Well-maintained asset with recent renovations • Gated community enhancing security and leasing appeal

Market Context

This multifamily in Washington, DC is listed for sale. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Washington, DC — view the full market.

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