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1312 13th Street NW Washington, DC 20005
1312 13th Street NWWashington, DC 20005
Investment Highlights
Property Details
Property Aerial
Zoning Map
Retail Map
Development Map
Investment Overview
04 12 16
Local & Market Overview
Economic Highlights
Education Highlights
Location/Lifestyle Highlights
Demographics
Regional Overview
Cellar
First Floor
Second – Third Floor
Fourth Floor
Roof Top
Site Plan
Floor Plans
PROPERTY TOUR & OFFER PROCESS
PROPERTY SHOWINGS: Prospective purchasers will be afforded the opportunity to visit the Property- 1312 13th St. NW- during prescheduled tours. Tours will include access to a representative sample of units as well as common areas. To not disturb the neighborhood, showings requires advanced notice and scheduling.
Available Tour Dates: To schedule your tour of the Property, please contact Josh Ross at 240. 404. 7788 ext.1 or [email protected]
Offer Submission: Offers should be submitted with the most up to date GCAAR Unimproved Real Property Sales Contract (FORM #1306). Terms and conditions of Purchasers' offer must include:
ROSS | RESIDENTIAL cover letter
Offer Price
Earnest Money Deposit
Due Diligence and closing period
Description of Purchaser qualifications and proof of funds
Legal Disclaimers
This Confidential Offering Memorandum ("Memorandum") is solely for the use of the purchaser. While the information contained in this Analysis has been compiled from sources we believe to be reliable, neither
ROSS|RESIDENTIAL at RE/MAX Realty Services not its representative makes any representations or warranties as to the accuracy or completeness of the information contained in this Analysis. All financial information and projections are provided for the reference only and are based on assum ptions relating to the general economy, market conditions, and other factors beyond our control. All Purchasers' are encouraged to conduct an independent due diligence investigation, prepare independent financial projections, and consult with their legal, tax and other professional advisors before making an investment decision.
All references to acreage, square footage, distance, and other measurements are approximations and must be independently verified.
Listing Agent: Josh Ross
Transaction Services
Senior Marketing Director: Alexandra Ross Marketing Director: Tracey Evans
• Investment Highlights
• Property Details
• Property Aerial
• Zoning Map
• Retail Map
• Development Map
Investment Overview
Investment Highlights1312 13th Street N.W. , D.C. 20005
-Permits ready for issue to expand the existing building from four (4)
dwelling units to nine (9) dwelling units, and to expand the footprint of
the building
-Property will be delivered with approved plans, permits and ready to
begin work
-Plans have been value engineered for speed, ease, and cost of
construction- to match today's market
-23 Feet of Frontage on 13th Street, across the street from Logan13
Condos- a 67 Unit recently delivered Condominium building, with a
short one block to Logan Circle. 1 MILE
Investment Summary
Price $2,990,000
Offering Type Shovel Ready Redevlopment
Total Project SF 8,031.6 SF
Project Status Shovel Ready
Number of Approved Residential Units 9
One Bedroom | One Bath | Den 1
One Bedroom | One Bath 8
Lot Size 2,147 SF
Zoning RA-3
Frontage 23 Feet
APN 0243-000-0012
Ownership Fee Simple
Proposed Contstuction
Construction Type Wood Frame
Floors 4
Roof Construction Flat
Utilities Metering
Water/Sewer Metering
Electricity Metering
Gas Metering
Building Stack
Cellar 1,247.4 SF
1st Floor 1,449.9 SF
2nd Floor 1,557.3 SF
Third Floor 1,611 SF
Penthouse 2,166 SF
Current Taxes & Ownership
Ownership Type Fee Simple
Current Assessed Value $1,309,040
Tax Rate 0.85%
Current Tax Bill $4,522
Proposed Property Details
1312 13th Street N.WWashington | D.C. 20005
8,031.6TOTAL PROJECT SF
9TOTAL UNITS
23'FRONTAGE
PROPERTY AERIAL
ZONING MAP
LOGAN CIRCLE VIEW
RETAIL MAP
Logan Station Condos0.4 miles
1210 & 1224 R St. N.W.
Built 2018
Four Floors
63 Units
$808.00 SQFT
Logan13 Condos 10 ft
1311 13th St. N.W.
Built 2017
6 Floors
67 Units
$826.00 SQFT
Development Overview
Elysium Logan0.3 miles
1427- 1429 Rhode Island Ave N.W.
Built 2017
8 Floors
32 Units
$971.00 SQFT
City Market At O0.5 miles
Developed By Roadside
142 Units
800 P Street NW
Development Overview
Ame'1.5 miles
Jair Lynch Real Estate Partners
Delivery Late Summer 2018
Historic building turned into apartments. Was a hotel for women in 1942
206 units
JBG Smith Development.7 miles
1310 U Street N.W.
13th & U Street Apartments
130 Units
Development Overview
II Park Condos0.4 miles
1628 11th St. N.W
Four Floors
32 Units
Built 2017
$774.00 SQFT
The Adele0.7 Miles
1108 16th St. N.W.
Eight Floors
13 Units
Built 2017
$906.00 SQFT
Development Overview
The Westlight1.5 miles
1111 24th St. N.W.
Ten Floors
71 Units
Built 2018
$1,234.00 SQFT
Development Overview
• Cellar
• First Floor
• Second Floor- Third Floor
• Fourth Floor
• Roof Top
• Site Plan
Floor Plans
• Local & Market Overview
• Economic Highlights
• Education Highlights
• Local / Lifestyle Highlights
• Demographics
Regional Overview
Where Massachusetts, New Hampshire, and Connecticut Avenues meet you’ll find Dupont Circle. Surrounding this traffic circle is a park, a historic district, and an area that has become one of DC’s most sought-after neighborhoods to live.
East of Dupont Circle is Logan Circle which is known as DC’Ss most vibrant, happening, and desirable neighborhoods. Since the redevelopment of Logan Circle has been so successful, it attracts both residents and retailers the same. Due to its large selection of restaurants, including Posto, Logan Tavern, Estadio, Rice, Commissioner and Cork, Logan Circle has developed a “foodie” reputation in DC.
Close by metros stops (MacPherson Square and Dupont Circle stations) make Logan Circle convenient to all its residents.
Local Overview
Market Overview
During the Civil War, Logan Circle became a refugee camps for newly freed slaves from Virginia and Maryland. Today Victorian row houses and repurposed lofts are accompanied by new condo properties including Lofts 14, Rainbow Lofts, Q14, Matrix, The Copper Lewis, Metropole, The Willison, and many more.
Apart from the residential development, the commercial market in Logan Square continues to grow.
Along 14th Street and P Street are restaurants, retail stores, art galleries, live theatres, and nightlife venues that aid in making it desirable for many.
2018 2023
47,063 51,326
2018 2023
35,551 35,111
2018 2023
34.1 35.2
2018 2023
$99,357 $114,700
2018 2023
$137,336 $162,017
2018 2023
$78,761 $92,338
2 Bedroom Floor Plan Options
See next page for details
2 Bedroom DetailsAlternate plan option, seller willing to pay fee for plans to be approved. Contact listing agent Josh Ross at (240)-404-7787 ext.1 or via email at [email protected] for questions.
