201 I StWashington, DC 20024

This exceptional investment opportunity presents a three-building, nine-story apartment complex totaling 648 units. Located in Washington, DC's Southwest Waterfront, the property boasts a prime location within walking distance of The Wharf, Nationals Park, Audi Field, The Yards, and Buzzard Point. Built in 1965 and renovated in 2002, the complex offers 546,234 square feet across three buildings situated on a 303,529 square foot lot. The property features breathtaking views of DC monuments and the Capitol building. Residents enjoy convenient access to numerous restaurants, bars, cafes, retail options, and Whole Foods. The property's convenient location offers easy access to four metro stations within a one-mile radius and is a short drive from National Airport and Union Station. With a permitted RA-3 zoning and 910,587 buildable square feet by-right FAR, this property presents significant potential for future development or repositioning. The extended use period for the property's affordable housing component expires in 2034. The property's APN is 0540-0000-0109, 0540-0000-0118. Addresses include 201 I St SW, 101 G St SW, and 103 G St SW, Washington, DC 20024.