4465 Macarthur Boulevard NW

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Address: 4465 MacArthur Blvd NW, Washington, DC 20007, USA
Created date: June 13, 2024
Date last updated: August 13, 2024
  • • Access to Georgetown University
  • The property is less than a mile from Georgetown University, GU Medical School, and MedStar Georgetown Hospital Center. This prime location ensures consistent demand from medical students and doctors-in-residency, providing new ownership with a reliable tenant base seeking proximity to major employment and education centers.
  • • Well Maintained Asset with Value-Add Opportunity
  • Owned and managed by the original developers since 1962, Foxhall Terrace shows pride of ownership with a full roof replacement in 2023 and a new boiler installed four years ago. The property offers larger one-bedroom and efficiency units with rents currently below market, presenting a value-add opportunity for new owners to increase rental revenue significantly.
  • • Excellent Commuting Accessibility
  • Located at 4465 MacArthur Blvd NW, the property features a 12,000 sq. ft. parking lot and excellent driving connectivity. It provides easy access to Bethesda (20 min) via Canal Road, Arlington (9 min) via George Washington Parkway and Chain Bridge, Georgetown (5 min), and downtown D.C. (7 min) via Whitehurst Freeway/K Street NW, making commuting and city exploration convenient.
  • • Palisades, an Affluent Neighborhood with Strong Demographics
  • The Palisades neighborhood of Washington, D.C. offers a peaceful suburban atmosphere with tree-lined streets, local shops, restaurants, and the Palisades Farmers Market. It features recreational facilities like the C&O Canal National Historical Park, Palisades Recreation Center, and Hardy Park. Known for its scenic views of the Potomac River, abundant greenery, and low crime rates, the area attracts families and individuals seeking a tranquil and secure living environment within the city.

Property Description

The Opportunity Foxhall Terrace is a 36-unit apartment community located at the eastern end of MacArthur Boulevard in the Foxhall/Palisades neighborhood of NW Washington, D.C. Built in 1962, it features 24 one-bedroom units, 12 efficiencies, and a 12,000 sq. ft. parking lot, making it a highly appealing property with a mix of unit types and ample parking space.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 36
Year Built: 1962
Lot Size: 0.71 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 4465 Macarthur Boulevard NW, Washington, DC 20007, USA
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