7700 GEORGIA AVE NW

$16,000,000

7700 GEORGIA AVE NW, WASHINGTON, DC 20012

For Sale

MLS ID: DCDC512510

  • 7,512 Sq.Ft.
  • 2021 BUILT

Property Details

Delivering on June 1st, 2021. Located between the new Walter Reed Development and downtown Silver Spring, the 32 units brand new construction “SEVEN700” is minutes from both Silver Spring and Takoma Metro stations and positioned to provide the desired commuter renter base as a cash flow investment property. Top tier finishes, balconies, and views of Washington DC with the convenience of being located right at a bus stop makes this an excellent choices for your renters. Walk to all the shops, parks, and restaurants North DC and Silver Spring has to offer or experience DC in only a 10-minute drive. Two Whole Foods and multiple Starbucks in vicinity signals continued development of this new neighborhood in Shepherd Park. Contact us for the ROI study. This building will rent itself out in no time and provide an annual rent raise with little to no vacancies for years to come. Hard hat tours available to qualified investors providing proof of funds.

Amenities

Interior

  • FLOORING: Wood, Laminated, Concrete, Other

Exterior & Building

  • AIR CONDITIONING: Central /, Heat Pump(s)
  • WATER SOURCE: Public
  • HEAT TYPE: Central
  • ROOF: Concrete, Other
  • PARKING FEATURES: Lighted Parking, Handicap Parking, Private, Surface

Financial Details

  • REAL ESTATE TAXES: $26,136
  • SALES PRICE: $16,000,000

Area & Lot

  • STORIES: 5 Floors

School Info

  • DISTRICT: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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