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DC Value-Add Deal Investors Fight For — Act Before It’s Gone (Washington)
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If you don’t move on this — someone else will control the equity you should have earned.
D.C. multifamily is getting eaten alive by institutional buyers, city-funded development, and aggressive out-of-state groups.
Opportunities with real equity, real upside, and real numbers that pencil are vanishing.
In Deanwood — one of D.C.’s fastest-revitalizing corridors — prices are already rising… and the big players are circling the Metro-adjacent blocks hard.
This is one of the last chances to grab a large building before the next wave of development eliminates value-add pricing altogether.
(What You Lose If You Hesitate)
If you wait a week on this one:
Someone else pockets ~$599,000 in immediate equity (ARV – total basis)
Someone else controls the 15-unit building sitting in the path of $100M+ public & private development
Someone else gets the $200,070 projected NOI after stabilization
Someone else capitalizes on a submarket where cap rates are tightening and rents are rising
And you?
You’re stuck watching the neighborhood revitalize without you — while the same investors who moved faster become the new comps you’re forced to pay retail prices for.
💡Secure This Off-Market 15-Unit Now
Address: 5909 Clay St NE, Washington, DC 20019
Type: Multifamily (15 units)
Neighborhood: Deanwood (NE D.C.)
Status: Mostly vacant — prime for full repositioning
Zoning: R-2 (Legal non-conforming)
Land: 13,443 SF
GBA: 12,168 SF
🏢 Investor Summary — 5909 Clay…
📊 Key Numbers That Make This a No-Brainer
As-Is Appraisal: $1,425,000
Stabilized Value (ARV): $2,600,000
Renovation + Soft Costs: $661,050
Total Basis: $2,001,050
Immediate Gain: ≈ $599,000
Projected NOI: $200,070
IRR (5-year hold): 14–16% leveraged
🏢 Investor Summary — 5909 Clay…
🏗️ Multiple Exit Strategies (Choose Your Win)
1️⃣ BRRRR / Hold Strategy (Cashflow + Refi)
Stabilized rents: $1,700–$2,000/mo.
Refinance in 12–18 months
Maintain ownership & cash flow
🏢 Investor Summary — 5909 Clay…
2️⃣ Fix & Flip (12–18 Month Exit)
Renovate in 6 months
Sell stabilized at $2.6M
~30% gross margin potential
🏢 Investor Summary — 5909 Clay…
3️⃣ Affordable Housing Strategy
Partner with non-profits
Eligibility for grants, TIF, LIHTC, and preservation funds
🏢 Investor Summary — 5909 Clay…
🌆 Why Deanwood? (A Submarket That’s Changing Fast)
Major public investment via New Communities Initiative
Near Benning Rd Metro, East Capitol, and Minnesota Ave
Surrounded by $100M+ new development
Year-over-year rent growth +5.3%
🏢 Investor Summary — 5909 Clay…
This is the type of neighborhood where the early investors become the “lucky geniuses” once cranes hit the sky.
⚠️ SERIOUS CASH BUYERS ONLY — NOT ASSIGNABLE TO WHOLESALERS
You must provide:
Proof of Funds (last 30 days)
NCND/NDA signing before full access
Ability to close quickly
If you’re real, ready, and understand the numbers — this building belongs to you.