1 / 4

3115

3115. The Repositioning of 3115 Mount Pleasant Street, NW Washington, DC. Neighborhood Information. Heavily residential historic neighborhood Safe, economically stable urban area 3 blocks to the nearest Metro station 1 block from major North/South bus lines. Mount Pleasant.

papina
Download Presentation

3115

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 3115 The Repositioning of 3115 Mount Pleasant Street, NW Washington, DC

  2. Neighborhood Information • Heavily residential historic neighborhood • Safe, economically stable urban area • 3 blocks to the nearest Metro station • 1 block from major North/South bus lines Mount Pleasant Map courtesy of Google • Project Location • Columbia Heights Metro Station • Metro Bus Line

  3. Project Information • 4-story, 28-unit Multi-family Building • Fully-leased • Est. current annual rental income - $347,664 • Est. current annual expenses - $174,459 • Est. current annual taxes - • $22,138 Sales Price: $4,800,000

  4. Proposed Improvements Unit upgrades • Upgrade current mechanical systems to efficient in-unit HVAC systems • Upgrade building electrical service • Upgrade unit electrical and plumbing fixtures • Add in-unit washer and dryers Building upgrades • Improve building common spaces • Upgrade unit finishes and fixtures • Improve building electrical efficiency • Add tenant convenience services; laundry, storage, on-site parking

More Related