616 Kenyon St NW

Washington, DC 20010

*COLUMBIA HEIGHTS INVESTOR / DEVELOPER SPECIAL*This project is a shovel - ready development opportunity that will convey with DCRA approved plans and permits and BZA approval for three (3) large condo units and three (3) parking spots.The Unit Mix is as follows: - Unit #1 is 3 bedrooms (plus a den), 2 bathrooms, 1446 square feet. - - Unit #2 is 4 bedrooms (plus a den), 3 bathrooms, 2100 square feet. - Unit #3 is 4 bedrooms, 2.5 bathrooms, 2205 square feet plus a 256 square foot private roof deck.Approved plans & permits are available to view subject to NDA. Columbia Heights is an extremely active submarket for condo development, with condos in the area selling for $500-$550 per square foot. This project has an estimated outsale OVER $3M!Other exit options include renting and refinancing the stabilized asset upon completion of construction to take advantage of the long term appreciation in the Columbia Heights submarket.Dont miss out on this excellent development opportunity!!