This rare investor opportunity includes a master lease already in place with a national corporate housing firm currently generating $37,000 a month ($444,000 annually) with an escalator to $40,000 a month by year five. Nestled in the prestigious Kalorama neighborhood, 1900 Biltmore Street NW is the ultimate investment opportunity. With 11 brand new contemporary units distinguished by thoughtfully executed floorplans, a remarkable roof deck, sweeping city views, and two car garage parking, this is truly a turnkey offering. Just beyond the doors of this bespoke Federal-style condo building, residents will find themselves in a premier location that combines the tranquility of a suburb with the conveniences of city living. Enjoy easy access to the popular Adams Morgan neighborhood, two metro stops, and a plethora of grocery stores, or take a stroll through scenic Rock Creek Park and sample your way through the area's many eclectic Michelin Star restaurants. Please contact Jenn Smira at Compass, 202-340-7675, for more information regarding this limited offering. All SQFT is approximate. Appointment required.
Recessed Lighting, Upgraded Countertops, Wood Floors
Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven/Range-Gas, Refrigerator, Stainless Steel Appliances, Washer
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Listing information last updated on May 25th, 2020 at 2:50am EDT.