Press Releases
Marcus & Millichap Brokers $3M Sale of Student Housing Property in Washington, D.C.
May 08, 2026
WASHINGTON, D.C., May 8, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the $3 million sale of 3305 7th St. NE, a student housing property in Washington, D.C.
“Working closely with the seller and all parties was key to closing this transaction in the current market environment,” said Stacey Milam, senior managing director investments in Marcus & Millichap’s Washington D.C. office. “Smaller, well-located student housing assets like this continue to draw interest from private investors.” Milam and Selena Alexander Hayes of Marcus & Millichap represented the seller.
Built in 2014, the property comprises a 24-bed, six-unit building totaling 6,165 square feet on a 0.11-acre lot. The asset features fully furnished units with shared kitchen and living spaces.
Located next to The Catholic University of America in the Brookland neighborhood, the property is within walking distance of campus, the Brookland-CUA Metro station and neighborhood retail and dining.
“Working closely with the seller and all parties was key to closing this transaction in the current market environment,” said Stacey Milam, senior managing director investments in Marcus & Millichap’s Washington D.C. office. “Smaller, well-located student housing assets like this continue to draw interest from private investors.” Milam and Selena Alexander Hayes of Marcus & Millichap represented the seller.
Built in 2014, the property comprises a 24-bed, six-unit building totaling 6,165 square feet on a 0.11-acre lot. The asset features fully furnished units with shared kitchen and living spaces.
Located next to The Catholic University of America in the Brookland neighborhood, the property is within walking distance of campus, the Brookland-CUA Metro station and neighborhood retail and dining.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
