Ernst Equities Sells Park MacArthur Multifamily In Washington DC For $4.3M

Park MacArthur, a 17-unit multifamily property located at 4564 MacArthur Boulevard Northwest in Washington, DC, was sold for $4.3 million. The property spans 13,360 square feet and sold at a price per square foot of $322. The price per unit was $252,941, and the property was renovated in 2015.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,300,000
• Address: 4564 MacArthur Boulevard Northwest
• Market: Washington, DC
• Square Footage: 13,360
• Price per Square Foot: $322
• Units: 17
• Price per Unit: $252,941
• Seller: Ernst Equities
• Brokers: Ryan Murray, John Slowinski & Marty Zupancic - Marcus & Millichap

Marcus & Millichap’s agents, John Slowinski, Ryan Murray, and Marty Zupancic, exclusively represented Ernst Equities in the marketing of the property during the transaction.