Description
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.
Location
Similar Listings
Residential
$34,900,000
MLS# MDMC2125248
ACTIVE
Listing Office: Compass
Commercial Sale
$29,950,000
MLS# DCDC2095302
ACTIVE
Listing Office: TTR Sotheby's International Realty
Residential
$29,950,000
MLS# DCDC2095294
ACTIVE
Listing Office: TTR Sotheby's International Realty
Residential
$28,995,000
MLS# DCDC2115324
ACTIVE
Listing Office: TTR Sotheby's International Realty
Commercial Sale
$16,000,000
MLS# DCDC2019030
ACTIVE
Listing Office: TTR Sotheby's International Realty
Residential
$15,995,000
MLS# DCDC2129376
ACTIVE
Listing Office: Washington Fine Properties, LLC
Residential
$15,000,000
MLS# DCDC2123682
ACTIVE
Listing Office: Long & Foster Real Estate, Inc.
Residential
$14,500,000
MLS# DCDC2069548
ACTIVE
Listing Office: TTR Sotheby's International Realty
Residential
$14,250,000
MLS# DCDC2031624
PENDING
Listing Office: Washington Fine Properties, LLC
Residential
$13,500,000
MLS# DCDC2131240
ACTIVE
Listing Office: Washington Fine Properties, LLC
Commercial Sale
$13,500,000
MLS# DCDC2095530
ACTIVE
Listing Office: Equilibrium Realty, LLC
Residential
$13,500,000
MLS# DCDC2098654
ACTIVE
Listing Office: Compass
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 19th May, 2024 7:26 AM (UTC)
Listing Agent: Kimberly A. Casey
Listing Office: TTR Sotheby's International Realty
Attribution contact: 2023613228