Student Housing
3305 7th St NE
3305 7th St NE, Washington, DC 20017
Listing Price: $3,299,999
Investment Overview
Marcus & Millichap is pleased to present for sale the property located at 3305 7th St NE, Washington, DC. Constructed in 2014, this beautiful 24-bed, 24-bath student housing property is ideally situated just steps from Catholic University's campus. Each unit features six 180-square-foot bedrooms with floor-to-ceiling windows and six full private bathrooms. The common areas offer a contemporary aesthetic, including a spacious, fully furnished dining and living room, a fully stocked kitchen with sleek commercial appliances, and in-unit laundry.
Uniquely built using 18 reinforced shipping containers, the property is designed for longevity and reduced maintenance costs.
The property boasts an extremely desirable location directly adjacent to Catholic University of America and other nearby amenities. It is located in the rapidly developing Brookland submarket, just five minutes from the Brookland-CUA Metro station. Current leases are structured as short-term arrangements, with tenants paying varying rental rates and sharing all utility expenses.
3305 7th St NE
Investment Highlights
- Property Currently Boasts 92 Percent Occupancy Rate and All Leases Except One End Before September 2024. That Gives the New Owner the Opportunity to Re-Tenant Before the Start of the School Year.
- Extremely Desirable Location Directly Next to Catholic University of America and Other Nearby Amenities.
- Located in the Rapidly Developing Brookland Submarket within 5 Minutes of the Brookland-CUA Metro.
- For a Virtual Tour Please visit: https://junehomes.com/residences/washington-dc/brookland/370-brookland/962
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director / Market Leader
Listing Price: $3,299,999
Investment Highlights
- Property Currently Boasts 92 Percent Occupancy Rate and All Leases Except One End Before September 2024. That Gives the New Owner the Opportunity to Re-Tenant Before the Start of the School Year.
- Extremely Desirable Location Directly Next to Catholic University of America and Other Nearby Amenities.
- Located in the Rapidly Developing Brookland Submarket within 5 Minutes of the Brookland-CUA Metro.
- For a Virtual Tour Please visit: https://junehomes.com/residences/washington-dc/brookland/370-brookland/962
Investment Overview
Marcus & Millichap is pleased to present for sale the property located at 3305 7th St NE, Washington, DC. Constructed in 2014, this beautiful 24-bed, 24-bath student housing property is ideally situated just steps from Catholic University's campus. Each unit features six 180-square-foot bedrooms with floor-to-ceiling windows and six full private bathrooms. The common areas offer a contemporary aesthetic, including a spacious, fully furnished dining and living room, a fully stocked kitchen with sleek commercial appliances, and in-unit laundry. Uniquely built using 18 reinforced shipping containers, the property is designed for longevity and reduced maintenance costs. The property boasts an extremely desirable location directly adjacent to Catholic University of America and other nearby amenities. It is located in the rapidly developing Brookland submarket, just five minutes from the Brookland-CUA Metro station. Current leases are structured as short-term arrangements, with tenants paying varying rental rates and sharing all utility expenses.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director / Market Leader
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