Listing photo for 1335 11th St Nw, WASHINGTON, DC

1335 11th St Nw,

WASHINGTON, DC

$21,500,000

34,807 Sqft
0.16 Acres

EXCLUSIVE INVESTMENT OPPORTUNITY: THE MAYFAIR RESIDENCES AT LOGAN CIRCLE ++ We are excited to unveil a stellar investment opportunity in the multifamily asset class: The Mayfair Residences at 1335 11th Street NW, Washington, DC. Offered at $21,500,000 with a projected delivery in late Summer 2024, this exclusive offering encompasses the entire property, comprising 22 high-end units, totaling 29,733 square feet in one of Washington, DC's most sought-after neighborhoods. INVESTMENT OVERVIEW: The Mayfair Residences provide a unique chance to acquire a complete multifamily complex, brand new, with no existing leases and exempt from the Tenant Opportunity to Purchase Act (TOPA), facilitating straightforward management and significant investment potential. This property is poised to cater to the upscale rental market, offering elegance and sophistication in a prime urban location. INVESTMENT HIGHLIGHTS: FULL OWNERSHIP: Control the entire property with 22 high-end units totaling 29,733 sq ft. -- EXCLUSIVITY: No existing leases, complete exemption from TOPA, allowing for smooth management and exceptional investment flexibility. -- PRIME LOCATION: Situated in a highly desirable area known for its constant demand from affluent professionals. -- LUXURY DESIGN: Inspired by the opulent Mayfair district in London, ensuring attraction and retention of high-end tenants. INVESTMENT BENEFITS: IMMEDIATE REVENUE: Start generating income as soon as you acquire the property. -- VALUE APPRECIATION: Invest in an area known for its long-term growth in both popularity and property value. -- TAX INCENTIVES: Benefit from potential tax advantages through property depreciation and other investment deductions. INTERIOR AND DESIGN FEATURES: INTERIORS BY BOXWOOD: A homage to affluence and artistry with luxurious materials and bespoke details. -- CUSTOM FEATURES: Kitchens with Forno appliances, Character Grade White Oak Hardwood flooring, substantial crown and base moldings, high-quality Anderson windows, and solid core doors. -- ADVANCED HOME TECHNOLOGY: Includes surround sound systems, smart home hubs, video doorbell cameras, and more. -- PENTHOUSES: Featuring private roof decks, additional dens, direct private elevator access, and reserved parking spaces. YOUR INVITATION TO LUXURY LIVING: The Mayfair Residences invite you to be part of an address as unique as it is timeless. For a private tour and to experience firsthand the remarkable craftsmanship and visionary design, please reach out to our team. We believe The Mayfair Residences represent a strategic, lucrative asset that complements the sophisticated investment portfolio. This opportunity is not just an investment in real estate but a stake in a lifestyle sought after by many yet available to only a few. We invite you to delve deeper into this investment opportunity and consider the benefits it holds for your portfolio. We look forward to discussing this exclusive offering with you and exploring the possibilities it unfolds for wealth generation.

Facts & Features
MLS® # DCDC2139392
Price $21,500,000
Bathrooms 0.00
Square Footage 34,807
Acres 0.16
Year Built 2024
Type Multi-Family
Sub-Type Other, Interior Row/Townhouse
Style Contemporary
Status Active
Community Information
Address 1335 11th St Nw
Subdivision LOGAN CIRCLE
City WASHINGTON
County WASHINGTON-DC
State DC
Zip Code 20001
Amenities
Amenities Crown Molding, Sound System, Wet Bar/Bar
Utilities Sewer Available, Water Available, Electric Available, Natural Gas Available
Parking Spaces 4
Parking Assigned
Is Waterfront No
Interior
Interior Features Floor Plan-Open
Appliances Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Freezer, Icemaker, Intercom, Microwave, Refrigerator, Stove, Washer, Trash Compactor, Water Heater, SurfaceUnit
Heating Forced Air, Central
Cooling Central A/C
Has Basement Yes
Basement Daylight, Full, Windows, Walkout Stairs
Fireplace No
# of Stories 5
Exterior
Exterior Brick and Siding
Foundation Concrete Perimeter
School Information
District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Additional Information
Date Listed May 1st, 2024
Days on Market 18
Zoning MU-4
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office TTR Sotheby's International Realty

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Listing information last updated on May 18th, 2024 at 2:45pm CDT.