Multifamily
Bass Place Apartments
5005-5011 Bass Pl SE, Washington, DC 20019
Listing Price: Request For Offer
Investment Overview
Bass Place Apartments is a lender-owned, 32-unit multifamily asset located in the Marshall Heights neighborhood of Southeast DC. The property was recently renovated, is ideally operated within a gated, controlled-access entry, and features 7 one-bedroom units, 19 two-bedroom units, and 6 three-bedroom units, with an average unit size of 876 square feet and in-place rents averaging $1,485 per unit.
Bass Place Apartments
Investment Highlights
- Optimal unit mix for submarket demand
- REO sale of property with stable operations
- In-place rents aligned with submarket on a per unit basis
- Proximity to Benning Road Metro
- Stable workforce housing fundamentals
- Operations-driven value creation
- Well-maintained asset with recent renovations
- Gated community enhancing security and leasing appeal
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
Financing By
Listing Price: Request For Offer
Investment Highlights
- Optimal unit mix for submarket demand
- REO sale of property with stable operations
- In-place rents aligned with submarket on a per unit basis
- Proximity to Benning Road Metro
- Stable workforce housing fundamentals
- Operations-driven value creation
- Well-maintained asset with recent renovations
- Gated community enhancing security and leasing appeal
Investment Overview
Bass Place Apartments is a lender-owned, 32-unit multifamily asset located in the Marshall Heights neighborhood of Southeast DC. The property was recently renovated, is ideally operated within a gated, controlled-access entry, and features 7 one-bedroom units, 19 two-bedroom units, and 6 three-bedroom units, with an average unit size of 876 square feet and in-place rents averaging $1,485 per unit.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
Financing By
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