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Multifamily

308-312 Millers Court NE

308-312 Millers Ct NE, Washington, DC 20002

Listing Price: $1,600,000

Cap Rate
8.85%
Number of Units
3
GRM
8.41
Price/Unit
$533,333

Investment Overview

Marcus & Millichap is pleased to present 308–312 Millers Court NE, a three-unit, boutique carriage house investment opportunity located in the heart of Capitol Hill, one of the most prestigious and supply-constrained submarkets in Washington, DC. The offering represents a rare opportunity to acquire a collection of historic, two-story carriage houses with a proven corporate housing model generating premium rental income. The Property is ideally positioned just off East Capitol Street, steps from the U.S. Capitol, Supreme Court, and Library of Congress, placing it at the center of one of the most demand-driven rental markets in the city. The asset combines an irreplaceable location, a highly scarce product type, and multiple execution strategies, including continued furnished rentals or conversion to traditional multifamily use. 308–312 Millers Court presents a unique opportunity to capitalize on a turnkey, investment property in a blue-chip location with long-term appreciation and downside protection.

Investment Highlights

  • Irreplaceable Capitol Hill location steps from the U.S. Capitol & Supreme Court
  • TOPA-Free structure provides enhanced execution certainty
  • Rare carriage house product type with limited competitive supp
  • Turnkey, fully furnished asset with immediate income continuity
  • Premium ADR-driven income significantly outpaces traditional rents
  • Proven corporate housing model with established demand
  • Functional two-story layout maximizes revenue per unit
  • Multiple leasing strategies provide flexibility and risk mitigation

Exclusively Listed By

  • John Slowinski

    Associate Director Investments

    (202) 536-3780

    Email John

    License(s): MD: 5002965, DC: SP200205349

    Washington, D.C.

  • Marty Zupancic

    Senior Managing Director Investments

    (202) 536-3788

    Email Marty

    License(s): MD: 631902, VA: 0225 187032, DC: SP98368225

    Washington, D.C.

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s) DC: BR200201612

    District of Columbia

Financing By

Multifamily

308-312 Millers Court NE

Listing Price: $1,600,000

Cap Rate
8.85%
Number of Units
3
GRM
8.41
Price/Unit
$533,333

Investment Highlights

  • Irreplaceable Capitol Hill location steps from the U.S. Capitol & Supreme Court
  • TOPA-Free structure provides enhanced execution certainty
  • Rare carriage house product type with limited competitive supp
  • Turnkey, fully furnished asset with immediate income continuity
  • Premium ADR-driven income significantly outpaces traditional rents
  • Proven corporate housing model with established demand
  • Functional two-story layout maximizes revenue per unit
  • Multiple leasing strategies provide flexibility and risk mitigation

Investment Overview

Marcus & Millichap is pleased to present 308–312 Millers Court NE, a three-unit, boutique carriage house investment opportunity located in the heart of Capitol Hill, one of the most prestigious and supply-constrained submarkets in Washington, DC. The offering represents a rare opportunity to acquire a collection of historic, two-story carriage houses with a proven corporate housing model generating premium rental income. The Property is ideally positioned just off East Capitol Street, steps from the U.S. Capitol, Supreme Court, and Library of Congress, placing it at the center of one of the most demand-driven rental markets in the city. The asset combines an irreplaceable location, a highly scarce product type, and multiple execution strategies, including continued furnished rentals or conversion to traditional multifamily use. 308–312 Millers Court presents a unique opportunity to capitalize on a turnkey, investment property in a blue-chip location with long-term appreciation and downside protection.

Exclusively Listed By

  • John Slowinski

    Associate Director Investments

    (202) 536-3780

    Email John

    License(s): MD: 5002965, DC: SP200205349

    Washington, D.C.

  • Marty Zupancic

    Senior Managing Director Investments

    (202) 536-3788

    Email Marty

    License(s): MD: 631902, VA: 0225 187032, DC: SP98368225

    Washington, D.C.

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s): DC: BR200201612

    District of Columbia

Financing By

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