Bass Place Apartments — Sale in Washington, DC

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

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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. Compare it against other multifamily listings for sale in Washington, DC — view the full market.

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