About 2859 Denver St Se
PRICED TO SELL — 7.82% cap on actual collected income, 9.13% pro forma.
Five furnished 1BR/1BA units, renovated in 2025, all five occupied. Every unit includes washer/dryer, smart TV, queen bed and a dedicated workspace, rented all-inclusive on flexible mid-term terms to the military, medical-resident and government-contractor demand DC generates year-round. Dedicated furnished inventory in this submarket is close to nonexistent — national operators price comparable units at $2,900–$3,300/month.
Mid-term furnished tenancies turn over on defined terms, keeping the rent roll current with the market rather than locked to legacy rates. All-electric, individually metered, brick, 3,780 SF.
At $139,800 per unit this prices below the $148,682 submarket average, with Skyland Town Center Phase 3 (0.3 mi) and the Barry Farm redevelopment (0.9 mi) underway. Government agency leasing at $2,000/unit takes the cap rate to roughly 10.6%.
Seller motivated and will review all reasonable offers.
