1915 Benning Road NE

Washington, D.C. 20002

Offering Memorandum

The Offering

Summary

  • List Price $2,925,000
  • Price Per Unit $325,000
  • Gross Building Area 7,698 SF
  • Price Per SF $379.97
  • Unit Mix 1 - 1BR/1BA, 7 - 2BR/1BA, 1 - 2BR,2BA
  • Delivered October 2023
  • Zoning MU-5A
  • Lot Size 2,148 SF
  • Net Rentable Area 6,989 SF
  • On-Site Parking 2 Spaces

Investment Summary

Feldman Ruel is pleased to present 1915 Benning Road NE, a newly-constructed 9-unit multifamily property with two on-site parking spaces, located in the Kingman Park neighborhood of Washington, D.C.

Investment Highlights

• Sale Not Subject to TOPA – Delivered Vacant

• Newly Constructed Multifamily Property

• 2 Blocks from Retail Amenities Along H Street NE & Starburst Intersection
• Low-Vacancy Apartment Submarket – 15% Declining from 6.82% to 5.81% Over the Past 12 Months

• Surrounded by Nearby Development

Listing Agents

Ryan Smith

Associate Director
Direct: (202) 318-6808

Ian Ruel

Managing Principal
Direct: (202) 318-6844

Josh Feldman

Managing Principal
Direct: (202) 318-6833

Brandon Cardwell

Investment Associate
Feldman Ruel
(240) 932-0015