Multifamily

4945-4949 Astor Place SE

4945 Astor Pl SE, Washington, DC 20019

Listing Price: Request For Offer

Number of Units
20
Gross SF
13,200

Investment Overview

Marcus & Millichap is pleased to present the exclusive Offering Memorandum for 4945-4949 Astor Place SE in Washington, D.C. The recently renovated, turn-key property is centrally situated between Interstate 295 and Interstate 495 providing intra-city access to the area’s top employers. The apartments advantageous location in the Marshall Heights submarket positions current and potential residents access to a network of evolving recreation, business associations, retail amenities, and communities’ culture. The continued development of neighborhoods increased the submarket’s rent-by-necessity population thus providing low vacancy. Additionally, average rents for the submarket are among the cheapest in the Washington metro. When completed in 2021, the Anacostia River crossing bridge will increase connectivity to the city and spur development in the area.

Investment Highlights

  • 20 Units: Mix of Studio, One, and Two Bed Units
  • Easy access to Benning Road Metro Station, I-95, I-295, and I-495
  • Close Proximity to the Saint Elizabeth Redevelopment; 50,000 SF Retail, 125-Room Hotel, 252 Multifamily Units, Entertainment & Sports Arena, and 136-Bed Hospital Creating 2,500+ Jobs and 1,000+ Constr
  • Hardwood Floors, Tiled Bathrooms, Granite Countertops, Stainless Steel Appliances, Dishwashers, Central A/C, Ceiling Fans, Stackable Washers and Dryers, and Remodeled Bathrooms
  • 15 Minutes from the MGM National Harbor

Exclusively Listed By

  • Stacey Milam

    Senior Vice President Investments

    (202) 536-3705

    Email Stacey

    License(s): MD: 526147, DC: SP101423, VA: 0225 077593

    Washington, D.C.

  • Lynnci Barnes

    Associate

    Email Lynnci

    License(s): DC: SP98377939

    Washington, D.C.

  • Daniel Danesh

    Associate

    Email Daniel

    License(s): MD: 678302, DC: SP200203217

    Washington, D.C.

Multifamily

4945-4949 Astor Place SE

Listing Price: Request For Offer

Number of Units
20
Gross SF
13,200

Investment Highlights

  • 20 Units: Mix of Studio, One, and Two Bed Units
  • Easy access to Benning Road Metro Station, I-95, I-295, and I-495
  • Close Proximity to the Saint Elizabeth Redevelopment; 50,000 SF Retail, 125-Room Hotel, 252 Multifamily Units, Entertainment & Sports Arena, and 136-Bed Hospital Creating 2,500+ Jobs and 1,000+ Constr
  • Hardwood Floors, Tiled Bathrooms, Granite Countertops, Stainless Steel Appliances, Dishwashers, Central A/C, Ceiling Fans, Stackable Washers and Dryers, and Remodeled Bathrooms
  • 15 Minutes from the MGM National Harbor

Investment Overview

Marcus & Millichap is pleased to present the exclusive Offering Memorandum for 4945-4949 Astor Place SE in Washington, D.C. The recently renovated, turn-key property is centrally situated between Interstate 295 and Interstate 495 providing intra-city access to the area’s top employers. The apartments advantageous location in the Marshall Heights submarket positions current and potential residents access to a network of evolving recreation, business associations, retail amenities, and communities’ culture. The continued development of neighborhoods increased the submarket’s rent-by-necessity population thus providing low vacancy. Additionally, average rents for the submarket are among the cheapest in the Washington metro. When completed in 2021, the Anacostia River crossing bridge will increase connectivity to the city and spur development in the area.

Exclusively Listed By

  • Stacey Milam

    Senior Vice President Investments

    (202) 536-3705

    Email Stacey

    License(s): MD: 526147, DC: SP101423, VA: 0225 077593

    Washington, D.C.

  • Lynnci Barnes

    Associate

    Email Lynnci

    License(s): DC: SP98377939

    Washington, D.C.

  • Daniel Danesh

    Associate

    Email Daniel

    License(s): MD: 678302, DC: SP200203217

    Washington, D.C.

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