2 Locations

THE OPPORTUNITY

4912 and 4916 Nash Street NE present a rare opportunity to acquire two contiguous, brick-constructed multifamily properties in Deanwood, totaling 16 units across approximately half an acre of RA-1-zoned land. The combined offering pairs durable in-place cash flow, enhanced by income-producing rooftop solar at 4916, with one of the most actionable land-banking and future-development plays available in Northeast Washington, DC today.

FUTURE DEVELOPMENT UPSIDE

Together the two parcels comprise 0.5 acres of RA-1-zoned land, side-by-side site that is exceptionally rare in the District's apartment market. Under RA-1's 0.9 by-right FAR, the assemblage supports up to approximately 20,146 square feet of buildable density, providing a clear path to redevelopment, additions, or accessory dwelling units while the existing buildings continue to generate income.

INCOME-PRODUCING ROOFTOP SOLAR WITH UPSIDE

4916 Nash Street's rooftop solar array generates approximately $14,250 of annual Other Income (~$1,781/unit) and offsets common-area electricity costs, lifting the property's T-12 cap rate by roughly 80 basis points and the pro forma cap rate by nearly 200 basis points versus a "no solar" scenario. The next owner can replicate the same playbook on 4912 Nash Street's similarly oriented, low-pitch roof, doubling the solar revenue stream across the assemblage and further compressing operating expenses.

FLEXIBLE TWO-PARCEL OPTIONALITY

The offering consists of two separately deeded buildings on two separately deeded lots, thus, investors can pursue a hold-and-develop strategy on a phased basis, recapitalize one parcel independently of the other, and have flexibility with multiple exit strategies.

WALKING DISTANCE TO DEANWOOD METRO

The assemblage sits within walking distance of the Deanwood Metro Station (Orange Line), Marvin Gaye Park, and Kenilworth Aquatic Gardens, providing tenants with one-seat connectivity to Downtown DC and direct access to one of the city's most expansive natural amenities.

SOLAR HIGHLIGHTS

-The property features a 25.83 kW DC (17.75 kW AC) grid-tied solar Pv system, professionally installed in 2024

- Premium high-efficiency modules backed by a 25-year product warranty and 25-year output warranty with industry-leading 0.5% annual degradation

- Contract also covers a 5-year warranty on the roof itself (expires 2029)

- Generates approximately $14,250 of annual income- Offsets both ownership and tenant electric cost burden