4474 MacArthur Boulevard NW
Renovated Foxhall Multifamily Asset with Additional Bedroom Upside Near Georgetown University
Marketing description
The Zupancic Group of Marcus & Millichap is pleased to present 4474 MacArthur Boulevard NW, an occupied 4-unit multifamily property located in Foxhall, one of Washington, DC's most desirable and high-barrier-to-entry residential neighborhoods. Nestled between Palisades and Georgetown, the property features fully renovated units with granite countertops, stainless steel appliances, tile backsplashes, recessed lighting, and hardwood floors, and sits less than one mile from Georgetown University and MedStar Georgetown University Hospital. The offering represents a rare opportunity to acquire an occupied, turnkey asset with all tenants in good standing, low operating expenses driven by a fully tenant-paid utility structure, and meaningful upside through the conversion of existing basement space into additional square footage and bedrooms. 4474 MacArthur Boulevard NW is an exceptionally rare stabilized asset in one of the most supply-constrained and prestigious neighborhoods in the nation's capital.
Investment highlights
- Premier Foxhall location
- Proximity to Georgetown University and MedStar Georgetown University Hospital
- Proximity to Georgetown University School of Medicine
- Occupied with all tenants in good standing
- Renovated units with high-end finishes
- TOPA-exempt transaction
- Low operating expense profile
- Ideal unit mix to maximize cash flow
- Potential to add square footage and bedrooms via basement space
- Walkable access to retail and dining
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