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26 14th Street Southeast

John Slowinski & Marty Zupancic Of Marcus & Millichap Facilitates Sale Of 12-Unit Multifamily Property In Washington, DC For $2.25M
SOLDMultiFamily

John Slowinski & Marty Zupancic Of Marcus & Millichap Facilitates Sale Of 12-Unit Multifamily Property In Washington, DC For $2.25M

26 14th Street Southeast

$2,250,000

Building Size

Asset Type

MultiFamily

Closing

Feb 9, 2024

AI

The 12-unit apartment property located at 26 14th Street Southeast in Washington, D.C., was sold for $2,250,000. The sale equated to an average price of $187,500 per unit.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,250,000
  • Asset Type: Multifamily
  • Units: 12
  • Price per Unit: $187,500
  • Address: 26 14th Street Southeast, Washington, DC
  • Market: Washington, DC

John Slowinski and Marty Zupancic from Marcus & Millichap facilitated the sale of the property at 26 14th St. SE in Washington, D.C.

Players

Marty Zupancic

Marcus & Millichap

Broker

$127M

vol

17 deals

Broker

Washington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.05%

Cash-on-Cash

-2.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93