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An opportunity to acquire a large, well-maintained asset in a top-performing submarket of the Washington, DC metropolitan area. This property offers investors an opportunity to pursue an intensive value-add renovation program, as well as several other income opportunities to significantly increase cash flow. Due to lack of incoming supply in the submarket and substantial rent spreads between the property and neighboring Class A apartment communities, a buyer will be able to successfully grow rents throughout the renovation process. Additionally, the property features expansive floorplans and a comprehensive community amenities package.

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Christine Espenshade and Robert Garrish

JLL Capital Markets, Multifamily

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