Multi-housing / PRS

4th and K

401 K Street NW Washington, DC United States 20001

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N/A

NOI Net Operating Income N/A

Cap Rate N/A

Asking Price Contact for pricing

N/A

NOI Net Operating Income N/A

Cap Rate N/A

Documents

Confidentiality Agreement Teaser

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Key Facts

Year Built

2023

Property Description

89,000 SF of land at 4th and K NW (currently known as Museum Square).

Investment Highlights

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the opportunity to acquire a 89,710 square foot mixed-use development site in the heart of Washington, DC that permits by-right, multifamily (D-4-R) development of 100% market rate density up to a 130 foot height limit (plus penthouse) at the corner of 4th and K Streets in Mount Vernon Triangle, one of the premier live-work-play environments in Washington, DC. Additionally, non-residential FAR of 3.5 is permitted after residential FAR of 4.5. The Property is currently improved with a 306-unit, 10-story apartment building that is 32.3% leased.

Last Updated Date: 09 Sep 2020

Walter Coker

Managing Director, Capital Markets

License details

DC-SP98361589 MD-524884 VA-0225092459

+12025332537

Brian Crivella

Managing Director, Capital Markets

License details

DC-SP98368957 MD-634831 VA-0225188521

+12025332522

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Last Updated Date: 09 Sep 2020