Multifamily
308-312 Millers Court NE
308-312 Millers Ct NE, Washington, DC 20002
Listing Price: $1,600,000
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
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
Financing By
Listing Price: $1,600,000
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
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
Financing By