Skip to main content

Student Housing

3305 7th St NE

3305 7th St NE, Washington, DC 20017

Listing Price: $3,500,000

Cap Rate
6.92%
Number of Units
4
GRM
8.38
Occupancy
90.0%
Price/Unit
$875,000

Investment Overview

Constructed in 2014 this beautiful 24 Bed/24 Bath student housing property is just steps away from Catholic University's campus. The interior of each floor includes 6 180 square feet bedrooms with floor to ceiling windows and 6 full private bathrooms. The common area boasts a contemporary look with a large furnished dining and living room, fully stocked kitchen with sleek commercial appliances, and in unit laundry.

Investment Highlights

  • Property currently boasts 92% 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 Vice President/Division Manager

    (202) 536-3700

    License(s) DC: BR200201612

    District of Columbia

Student Housing

3305 7th St NE

Listing Price: $3,500,000

Cap Rate
6.92%
Number of Units
4
GRM
8.38
Occupancy
90.0%
Price/Unit
$875,000

Investment Highlights

  • Property currently boasts 92% 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

Constructed in 2014 this beautiful 24 Bed/24 Bath student housing property is just steps away from Catholic University's campus. The interior of each floor includes 6 180 square feet bedrooms with floor to ceiling windows and 6 full private bathrooms. The common area boasts a contemporary look with a large furnished dining and living room, fully stocked kitchen with sleek commercial appliances, and in unit laundry.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): DC: BR200201612

    District of Columbia

MM Texture Background
MM Textured Background Lower