Description:

KW Commercial Small Multifamily Group is pleased to present the exclusive listing for the apartments located at 5325 Bass Place, SE Washington D.C. The apartments are well located in the Southeast Quadrant of Washington D.C, directly situated in the Marshall Heights submarket.
The property is a four-story mid-rise style apartment building built in 1967 has been exceptionally well maintained and renovated by the owner. There are fifteen total apartment units and is comprised of all Two-Bedroom/One-bathroom units. The landlord pays for the building's water, and gas. Tenants pay for separately metered electricity. 5325 Bass Place SE has a total gross building area of 12,688 SF and sits on an 11,325 SF lot, zoned R-3.
Marshall Heights is a residential neighborhood in Southeast Washington, DC. Marshall Heights is a quiet neighborhood with easy access to employment opportunities on Capitol Hill and Barracks Row. The submarket is situated just a short drive from many of DC’s top area amenities including the exciting restaurants, bars, and nightlife of DC. The property is located with close access to multiple major bus routes. The Deanwood Metro Station is a mile and a half away.
5324 Bass Place, SE presents investors with the opportunity to acquire a well-stabilized asset. By placing HCVP tenants in the current four vacant units the new owner will immediately achieve a significant increase in the cash flow.

The property has been meticulously well maintained and managed. All of the units have been renovated.
Four units are vacant, which will help facilitate TOPA, and give the new owner the opportunity to maximize rents.
New ownership will benefit from continuous improvements and oversight resulting in a lack of deferred maintenance
Property is located in an Opportunity Zone

Presented by:

Adriana  West

Managing Director

(678) 534-2718

(678) 907-7034

Click here to email

Listed by:

Keller Williams Preferred Properties

Upper Marlboro