CBC - Sale Brochure (P)...CBCW ORLDWIDE.C OM NRT 1415 RIDGE PLACE WASHINGTON DC 20020 1415 Ridge Pl...
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CBCWORLDWIDE.COM NRT 1415 RIDGE PLACE WASHINGTON DC 20020 1415 Ridge Pl SE Washington, DC 20020 AVAILABLE SPACE 2,450 SF ASKING PRICE $699,000 AREA This well kept 4 unit multifamily apartment is located in the heart of Anacostia, minutes away from shops, restaurants, schools. 5 minutes away from the bus stop. Deniz Senyurt Commercial Sales Associate 571 271 6604 [email protected] ©2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker Commercial logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Equal Opportunity Act. COLDWELL BANKER COMMERCIAL NRT 2070 Chain Bridge Road Ste 103, Vienna, VA 22180 703.938.5600 FOR SALE
Transcript of CBC - Sale Brochure (P)...CBCW ORLDWIDE.C OM NRT 1415 RIDGE PLACE WASHINGTON DC 20020 1415 Ridge Pl...
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1415 RIDGE PLACE WASHINGTON DC20020
1415 Ridge Pl SEWashington, DC 20020
AVAILABLE SPACE2,450 SF
ASKING PRICE$699,000
AREAThis well kept 4 unit multifamily apartment is located inthe heart of Anacostia, minutes away from shops,restaurants, schools. 5 minutes away from the bus stop.
Deniz SenyurtCommercial Sales Associate571 271 [email protected]
©2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker Commercial logos aretrademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company ownedoffices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which areindependently owned and operated. The Coldwell Banker System fully supports the principles of the EqualOpportunity Act.
COLDWELL BANKER COMMERCIALNRT2070 Chain Bridge Road Ste 103, Vienna, VA 22180703.938.5600
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Deniz SenyurtCommercial Sales Associate571 271 [email protected]
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SALE PRICE $699,000
OFFERING SUMMARY
Number Of Units: 4
Cap Rate: 5.18%
NOI: $36,238
Lot Size: 0.06 Acres
Year Built: 1925
Building Size: 2,450 SF
Renovated: 2019
Zoning:Residential Flats - less
than 5 units
Market: Washington DC
Submarket: Anacostia
Price / SF: $285.31
PROPERTY OVERVIEW
Rare opportunity to own a multifamily apartment inWashington DC. This well-kept 4 unit multifamily apartmentis located in the heart of Anacostia, minutes away fromshops, restaurants, schools. 5 minutes away from the busstop. Easy access by bus & metro.
OTHER RESOURCES
1415 Ridge Pl SE Washington DC 20020
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1415 Ridge Pl SE, Washington, DC 20020
1415 RIDGE PLACE WASHINGTON DC 20020
CBCWORLDWIDE.COM
Deniz SenyurtCommercial Sales Associate571 271 [email protected]
NRT
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1415 Ridge Pl SE, Washington, DC 20020
1415 RIDGE PLACE WASHINGTON DC 20020
CBCWORLDWIDE.COM
Deniz SenyurtCommercial Sales Associate571 271 [email protected]
NRT
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1415 Ridge Pl SE, Washington, DC 20020
1415 RIDGE PLACE WASHINGTON DC 20020
CBCWORLDWIDE.COM
Deniz SenyurtCommercial Sales Associate571 271 [email protected]
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POPULATION 1 MILE 2 MILES 3 MILES
Total Population 30,472 119,626 236,136
Average age 34.2 33.4 34.5
Average age (Male) 32.6 32.8 33.2
Average age (Female) 35.6 34.1 35.9
HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES
Total households 12,340 50,009 100,695
# of persons per HH 2.5 2.4 2.3
Average HH income $51,392 $74,563 $70,390
Average house value $353,051 $517,292 $440,277
* Demographic data derived from 2010 US Census
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1415 Ridge Pl SE, Washington, DC 20020
1415 RIDGE PLACE WASHINGTON DC 20020
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Deniz SenyurtCommercial Sales Associate571 271 [email protected]
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INVESTMENT OVERVIEW
Price $699,000
Price per Unit $174,750
GRM 13.9
CAP Rate 5.2%
Cash-on-Cash Return (yr 1) 4.57 %
Total Return (yr 1) $18,049
Debt Coverage Ratio 1.28
OPERATING DATA
Gross Scheduled Income $50,400
Other Income $0
Total Scheduled Income $50,400
Vacancy Cost $5,040
Gross Income $45,360
Operating Expenses $9,122
Net Operating Income $36,238
Pre-Tax Cash Flow $7,989
FINANCING DATA
Down Payment $174,750
Loan Amount $524,250
Debt Service $28,249
Debt Service Monthly $2,354
Principal Reduction (yr 1) $10,060
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1415 Ridge Pl SE, Washington, DC 20020
1415 RIDGE PLACE WASHINGTON DC 20020
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Deniz SenyurtCommercial Sales Associate571 271 [email protected]
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UNIT
NUMBER
UNIT
BED
UNIT
BATH
UNIT
SIZE (SF)
CURRENT
RENT
MARKET
RENT
101 1 1 612 $1,050 $1,100
102 1 1 612 $1,050 $1,100
103 1 1 612 $1,050 $1,100
104 1 1 612 $1,050 $1,100
Totals/Averages 2,448 $4,200 $4,400
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1415 Ridge Pl SE, Washington, DC 20020
1415 RIDGE PLACE WASHINGTON DC 20020
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Deniz SenyurtCommercial Sales Associate571 271 [email protected]
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DC #SP200201703 // VA #0225217450 MD #677741
DENIZ SENYURT
Commercial Sales Associate
[email protected]: 571.271.6604 | Cell: 571.271.6604
PROFESSIONAL BACKGROUND
Deniz Senyurt has been in the international trade and investment business for more than 25 years. She is actively involved with Virginiaand Texas States' Economic Development Agencies, local Chambers of Commerce and Port Authorities. With her expansive network,she has helped many foreign companies/individuals invest in the USA. She understands the difficulties and hurdles that come withbeing a foreign investor in the USA and has the solutions for those problems. She also has the knack for finding good investmentalternatives for her clients.
MARKETSWashington DC Metro Area, Vienna, Oakton, Fairfax, Alexandria, Springfield, Arlington, Tysons Corner
REFERENCEShttps://www.mylocationadvisor.com/testimonialshttps://www.linkedin.com/in/denizsenyurt1https://www.savvytrade.com/testimonials
EDUCATION
Deniz holds 3 Masters degrees (MBA in Small and Medium-Sized Enterprises, MBA in International Business Finance, MA inInternational Trade and Investment Policy Program), from George Washington University. She also has a BS degree in BusinessManagement at Middle East Technical University. She had also successfully completed Coldwell Banker Commercial Emerging BrokerTraining and CCIM course requirements.
DESIGNATIONSCertified International Property Specialist (CIPS)
MEMBERSHIPS
Candidate Certified Commercial Investment Member (CCIM)Midatlantic Real Estate marketing Association (MAREMA)Northern Virginia Realtors Association (NVAR)National Association of Realtors (NAR)Vienna Rotary Club Peacebuilding Representative, Washington International Trade AssociationAmerican Turkish Council, US-Turkey Business Council, Asian American Chamber of Commerce
Coldwell Banker Commercial NRT2070 Chain Bridge Road Ste 103
Vienna, VA 22180703.938.5600
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1415 Ridge Pl SE, Washington, DC 20020
1415 RIDGE PLACE WASHINGTON DC 20020
