Investment Overview

Marcus & Millichap is pleased to present Rockview Apartments, an 89-unit multifamily community located at 1440 Rock Creek Ford Road NW in Washington, DC’s Brightwood neighborhood. Currently 94.4% occupied, Rockview generates approximately $127,000 in monthly in-place rental income and has demonstrated consistent rental-revenue growth, with additional upside available through permitted rent increases, unit turnover, and the lease-up of five vacant apartments. The professionally managed and well-maintained property features a unit mix of 26 studios, 52 one-bedroom units, and 11 two-bedroom units. The property also offers potential additional revenue opportunities through the utilization of its existing solar-panel infrastructure and the repurposing of approximately 3,000 square feet of lower-level space. Rockview offers investors meaningful Northwest DC scale and established in-place cash flow, together with multiple avenues for new ownership to further increase revenue.