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1103 Fern St Nw

$2,200,000

1103 Fern St Nw, Washington, DC 20012

Active
Last Updated: 05/12/2025

6.53

Cap Rate

143,643

NOI

Details:
Cap Rate:    6.53%
NOI:    $143,643
Building Size:    4,800 sqft
Year Built:    2022
Price Per Sqft:    $458.33
Zoning:    MU-4
Highlights:
  • Days on Market: 189
  • Parking Features: Electric Vehicle Charging Station(s), Private
  • Heating: Central
Description:

Prime Location! Rare Gem! Only 4 Units Left! Grab this Portfolio Deal! Bright and Spacious New Development Opportunity in desirable Shepherd Park. Only 4 Units Left! Grab this Portfolio Deal! 4 of the Remaining Units of 10 Unit Apartment Building Offered at $2,200,000 at a 6.53% Cap Rate in Washington, DC. Own your future residence with modern touches at a special launching price. Great investment value! This stylish Green Building is situated just beside the beautiful new 66-acre development at Walter Reed, with retail, entertainment, hotel, office, health care, schools, and 22 acres of parks and plazas. Situated in a vibrant part of the city with the comfort of modern living! MESKEN 1103 offers great living spaces surrounded by shops, restaurants, parks, and accessible transportation. Each of the ten condos has been designed to be functional and make the best use of the space. Experience urban convenience with a neighborhood feels in your new place. This is your chance to reserve your new home! Pics for the Model Home!

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