Receiver Sale: Eagle's Crossing Apartments

Highlights:

• Qualified Census Tract & Opportunity Zone – Located in both a QCT and OZ, offering potential LIHTC basis enhancement and long-term capital gains tax advantages.
• By-Right Density Upside – Zoning allows additional residential density by-right, providing future redevelopment optionality.
• Attractive, Large-Format Unit Mix – Average unit size of nearly 700 SF, including studios, one-, two-, and three-bedroom units, supporting renter demand and value-add flexibility.
• Proximity to Major Redevelopment Projects – Less than 10 minutes from the St. Elizabeths Redevelopment, one of the largest mixed-use redevelopment projects in Washington, D.C.
• Strong Workforce Housing Location – Near major employers including Joint Base Anacostia-Bolling, the U.S. Naval Research Laboratory, and MGM National Harbor.
• Convenient Access to Retail & Amenities – Close to grocery-anchored shopping centers, parks, recreation facilities, and regional retail destinations.

Description:

Ri Marketplace Online Auction March 9th-11th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/3015/receiver-sale-eagle-s-crossing-apartments?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_3015

Greysteel, in conjunction with RealINSIGHT Marketplace, is pleased to present for sale Eagle’s Crossing, a nine-building, 300-unit apartment community located in Southwest Washington, D.C., near the Maryland border. The Property features an attractive unit mix with an average unit size of nearly 700 square feet and is positioned to benefit from continued redevelopment and investment activity in the surrounding area.

Eagle’s Crossing consists of 26 studio units, 112 one-bedroom units, 156 two-bedroom units, and 6 three-bedroom units, providing broad appeal to a diverse renter base, including families and workforce households. The Property’s larger-than-average unit sizes support strong resident demand and offer flexibility for future value-add strategies, including potential unit reconfiguration.

The Property is located within both a Qualified Census Tract and an Opportunity Zone, providing meaningful tax advantages to future ownership. In addition, the site offers by-right development potential, with zoning that allows increased density without the need for variances, creating optionality for redevelopment or expansion over time.

Strategically positioned near major employment centers and large-scale redevelopment projects such as the St. Elizabeths Redevelopment and MGM National Harbor, Eagle’s Crossing benefits from strong workforce housing demand and long-term growth drivers. Continued public and private investment in the surrounding area supports sustained rental demand and long-term appreciation potential.



Lynne Zink
c/o Fisher Auction Company Inc.
License: 69004285
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: