Investment Overview

Marcus & Millichap is pleased to present the multifamily property located at 6024 8th Street NW in Washington, D.C. This fully renovated, turnkey asset requires no deferred maintenance, providing investors with immediate ease of operation. Each unit features high-end, condo-level finishes, including quartz countertops, new kitchen cabinetry, hardwood floors, recessed lighting, and stainless steel appliances. With legal condominium documentation already in place, the property offers investors various exit strategies, such as potential individual unit sales or long-term rental income. This added flexibility can enhance both liquidity and future resale value. Situated in the highly desirable Brightwood-Takoma neighborhood of Northwest D.C., just steps from the transformative Parks at Walter Reed redevelopment and within walking distance of the Takoma Metro Station, this property offers a strategic combination of location, quality, and investment flexibility that is increasingly rare in the District’s high-barrier market. The Parks at Walter Reed is a $1.3 billion, 66-acre redevelopment of the former Walter Reed Army Medical Center into a world-class mixed-use destination. This extensive project includes over 3 million square feet of new space, which will feature residential units, a Whole Foods Market, retail shops, restaurants, office space, and the Children’s National Research & Innovation Campus. In addition to its proximity to Walter Reed, the property offers excellent transit access. It is just a short walk from the Takoma Metro Station on the Red Line, providing direct connectivity to downtown Washington, Union Station, NoMa, and the Maryland suburbs. Additionally, the property is only a five-minute drive from downtown Silver Spring, Maryland, another key urban node that continues to grow with new office, retail, and multifamily developments.