1126 9Th StWashington, DC 20001

Property Details for 1126 9Th St

Year built

2021

Property size (Sq ft)

32,531 SF

Property type

Hospitality properties

Property subtype

Other retail properties

Description

This exceptional Class A mixed-use property, built in 2021, is located at 1126 9th St NW, Washington, DC 20001. The 32,531 square foot building sits on a 7,610 square foot lot and features 15 student housing units with a total of 67 bedrooms, and two ground-floor retail spaces totaling 3,999 square feet. The student housing units are a mix of two, four, five, and six-bedroom units, offering a variety of layouts. The property boasts a 93.33% occupancy rate. A medical cannabis dispensary occupies both retail units under a 10-year lease, commencing June 26, 2024. High-end finishes throughout the student housing units include vinyl plank flooring, stainless steel appliances, quartz countertops, tile backsplashes, and floor-to-ceiling windows. Each unit includes a washer/dryer. Common areas are furnished, and residents enjoy access to a shared rooftop. The property is fully furnished, including beds, mattresses, and kitchen utensils. Its prime location in the Mount Vernon Square neighborhood offers a Walk Score of 97, Transit Score of 100, and Bike Score of 99, providing unparalleled convenience and access to numerous restaurants, retail outlets, nationally ranked universities, and hospitals. The property is zoned MU-4. This turnkey asset presents a rare investment opportunity in a highly desirable and walkable area of Washington, DC.

Location Insight

City

Washington

County

District Of Columbia

State

DC

Latitude

38.9052

Longitude

-77.0242

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