Investment Overview

THE OPPORTUNITY As the exclusive listing broker, Marcus & Millichap is pleased to present 910 Euclid Street NW, a brand-new ground-up Class A student housing asset comprising four large units with a total of 24 bedrooms. Delivered in 2022 with high-end, condo-quality finishes, the property offers investors a turnkey opportunity with little to no deferred maintenance and immediate strong cash flow. Fully leased to Howard University students, the asset provides an investor with a stabilized income stream in one of Washington, DC’s most reliable rental submarkets. THE ASSET 910 Euclid Street NW consists of four large multifamily units totaling 24 bedrooms. Each unit has a spacious six-bedroom layout designed to meet strong student housing demand near Howard University. The property was newly built in 2022 as ground-up construction and features high-end finishes including vinyl plank flooring, quartz countertops, tile backsplashes, stainless steel appliances, kitchen islands, floor-to-ceiling windows, and private patios. Additional amenities include in-unit washer/dryers and fully furnished common areas. The property is 100% leased to Howard University students with an average in-place rent of $1,600 per bedroom, providing immediate stable cash flow. THE LOCATION Located just 0.3 miles from Howard University, 910 Euclid Street NW offers a prime student housing location in the heart of Northwest Washington, DC. The property is within walking distance to Georgia Avenue, U Street, and Columbia Heights, providing residents with convenient access to grocery stores, restaurants, coffee shops, and entertainment options. In addition to the immediate neighborhood amenities, tenants benefit from easy access to public transportation, including Metro stations and multiple bus routes, connecting them to the rest of the city. The combination of walkability, nearby retail, and proximity to Howard University makes 910 Euclid Street an ideal living destination for students and a highly desirable investment opportunity.