Auction October 21st . Price shown is tax assessment. Ignore the list price and bid your price at auction. Authorized for sale by the US Bankruptcy Court for the District of Columbia, this offering features three contiguous multifamily apartment buildings in Southeast Washington, DC’s Fort Dupont neighborhood. Notably, the transaction is TOPA exempt, ensuring an expedited acquisition free from tenant purchase rights or related delays.
Independent reports indicate the asset was constructed in 1965 and updated in 2021, encompassing roughly 25,434 rentable square feet on a 0.65-acre lot (28,485 SF). Units are estimated to average 700 to 800 SF, though total square footage and exact room counts remain unverified. Delivered entirely vacant and secured, this portfolio must be purchased as a single package. The absence of active tenancies eliminates relocation hurdles, presenting a clean slate for full-scale renovation, repositioning, or redevelopment.
This asset provides a high-potential opportunity to secure a substantial 35-unit DC multifamily portfolio with dedicated parking, superb transit links, and zero TOPA restrictions.
