$ 3,500,000
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$3,500,000
Price -
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Bed -
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SqFt
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About the Listing CBRB52 - 3236939
Rare opportunity to acquire a partially completed multifamily development in one of Washington, DC's most sought-after neighborhoods. This 14-unit condominium project offers investors and developers the chance to step into an advanced-stage development with significant construction already completed, reducing both timeline and execution risk. Framing and roofing have been completed, allowing a new owner to focus on the remaining construction phases and accelerate the path to completion and sale. With much of the heavy structural work already in place, this project presents a compelling value-add opportunity for developers seeking to deploy capital efficiently. Investment Highlights 14-unit condominium development Framing completed Roofing completed Significant construction progress already achieved Opportunity to complete and deliver a high-demand residential product Located in the thriving Petworth neighborhood Close proximity to Metro, retail, restaurants, and major commuter routes Strong demand for new residential housing in Northwest DC Potential for attractive returns through unit sales or long-term hold strategy The Opportunity For investors and developers looking to acquire a project beyond the entitlement and early construction stages, 827-829 Randolph Street NW offers a unique opportunity to take over and complete a well-positioned development. By acquiring a project with the structural shell already underway, buyers can save valuable time and focus on bringing the vision to market. Situated in the heart of Petworth, one of DC's most established and rapidly appreciating neighborhoods, this asset combines location, scale, and existing construction progress to create an exceptional investment opportunity. Development package, plans, permits, and additional project details available upon request. Serious investor and developer inquiries only.
Listing Highlights
Status
Active
Days on Site
17
Property Type
Commercial Sale
MLS ®
DCDC2266260
Year Built
0
Total Square Footage
0
Lot/Acreage
N/A
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: City Council District
- Roof:
- Others: Excellent
- Sewer: Public Septic,Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $7,790
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2022
Payment Calculator
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Questions About..
827 Randolph St NW Washington, DC 20011
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