3435 Holmead Place, NW
I look forward to checking out the renovations when they begin.
From a press release:
Urban Investment Partners (UIP) has acquired three Washington, D.C. apartment buildings at a foreclosure auction for $12,375,000. The buildings, totaling 163 rental units, are located in the Columbia Heights area of northwest Washington.
This acquisition represented three of five properties recently foreclosed by a New York City-based investment group that acquired the debt on the properties from New York Community Bank. The buildings acquired by UIP, a leading real estate investment, development, and property management group based in the District, are:
1430 W Street, NW with 26 units ($3.25 million)
3308-3312 Sherman Avenue, NW, with 34 units ($2,075,000)
3435 Holmead Place, NW with 103 units ($7.05 million)
1430 W Street, NW
3308-3312 Sherman Avenue, NW Courtesy of UIP