Horvath & Tremblay Sells Renovated Multifamily Property In Washington DC For $3.1M

A multi-family property located at 1833 Swann Street Northwest in Washington, DC was sold for $3,100,000. The asset comprises nine units, providing a price per unit of $344,444. The total square footage of the property is 5,671 square feet, resulting in a price per square foot of $547.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $3,100,000
• Units: 9
• Price Per Unit: $344,444
• Square Feet: 5,671
• Price Per Square Foot: $547
• Market: Washington, DC

Dennis Cravedi and Christian Barreiro from Horvath & Tremblay represented the sale of this fully renovated nine-unit multifamily property in Dupont Circle, which was acquired by a local nonprofit. The firm played a significant role in managing the sale, aiding in the transition of the property into a turnkey asset.