827 Randolph Street NW

Description

Rare opportunity to acquire a partially completed multifamily development in one of Washington, DC's most sought-after neighborhoods. This 14-unit condominium project offers investors and developers the chance to step into an advanced-stage development with significant construction already completed, reducing both timeline and execution risk.Framing and roofing have been completed, allowing a new owner to focus on the remaining construction phases and accelerate the path to completion and sale. With much of the heavy structural work already in place, this project presents a compelling value-add opportunity for developers seeking to deploy capital efficiently.Investment Highlights14-unit condominium developmentFraming completedRoofing completedSignificant construction progress already achievedOpportunity to complete and deliver a high-demand residential productLocated in the thriving Petworth neighborhoodClose proximity to Metro, retail, restaurants, and major commuter routesStrong demand for new residential housing in Northwest DCPotential for attractive returns through unit sales or long-term hold strategyThe OpportunityFor investors and developers looking to acquire a project beyond the entitlement and early construction stages, 827-829 Randolph Street NW offers a unique opportunity to take over and complete a well-positioned development. By acquiring a project with the structural shell already underway, buyers can save valuable time and focus on bringing the vision to market.Situated in the heart of Petworth, one of DC's most established and rapidly appreciating neighborhoods, this asset combines location, scale, and existing construction progress to create an exceptional investment opportunity.Development package, plans, permits, and additional project details available upon request.Serious investor and developer inquiries only.