Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
0
Rare opportunity to acquire a partially completed multifamily development in one of Washington, DC's most sought-after neighborhoods. This 14-unit condominium project offers investors and developers the chance to step into an advanced-stage development with significant construction already completed, reducing both timeline and execution risk. Framing and roofing have been completed, allowing a new owner to focus on the remaining construction phases and accelerate the path to completion and sale. With much of the heavy structural work already in place, this project presents a compelling value-add opportunity for developers seeking to deploy capital efficiently. Investment Highlights 14-unit condominium development Framing completed Roofing completed Significant construction progress already achieved Opportunity to complete and deliver a high-demand residential product Located in the thriving Petworth neighborhood Close proximity to Metro, retail, restaurants, and major commuter routes Strong demand for new residential housing in Northwest DC Potential for attractive returns through unit sales or long-term hold strategy The Opportunity For investors and developers looking to acquire a project beyond the entitlement and early construction stages, 827-829 Randolph Street NW offers a unique opportunity to take over and complete a well-positioned development. By acquiring a project with the structural shell already underway, buyers can save valuable time and focus on bringing the vision to market. Situated in the heart of Petworth, one of DC's most established and rapidly appreciating neighborhoods, this asset combines location, scale, and existing construction progress to create an exceptional investment opportunity. Development package, plans, permits, and additional project details available upon request. Serious investor and developer inquiries only.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Commercial Sale
Price
-
Sales Price
$3,500,000
-
Tax Amount
$7,790
-
Zoning
City Council District
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
YES
-
Accessibility Features
Accessible Doors
-
Sewer
Septic Tank, Public Sewer
-
Tax Lot
39
-
Water Source
Public
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Location
County
WASHINGTON
Elementary School
Middle School
High School
Listing Courtesy of Yasemin Hocaoglu , Coldwell Banker Realty - Washington
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Owner, Principal Broker
Christy Issler
Call Christy today to schedule a private showing.
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