1324 N NORTH CAPITOL ST NW, WASHINGTON, District Of Columbia 20002 - $27,500,000
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
1324 North Capitol Street NW is a newly constructed 67-unit luxury multi-family building (completed in 2024) currently operating as a fully furnished, high-performing short-term rental under the “Reside, a Wyndham Residence” brand. The property is Zoned MU-5A and can be transferred as a fully stabilized asset or vacant. TOPA does not apply. This asset offers maximum optionality in terms of future use including continued hospitality use under Wyndham (or other Short-Term Rental operator), a traditional multi-family property, a corporate housing asset (includes all FF&E) or converted and sold as luxury condominiums.
The property conveys turnkey with condo-level finishes, fully furnished units (FF&E included) and rental revenue, all of which provide a built-in cash flow. This asset is ideal for a family office investment, institutional buyers, 1031 exchange investors, and foreign capital seeking proven results in a Washington DC location, flexibility of use, and long-term upside.
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Capital Residential Properties represents the interest of the seller 2027772000 DCDC2202348. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.