HUD-Financed Affordable Housing | Arbor View in Washington, DC

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Address: 1212 Southern Ave SE, Washington, DC 20032, USA
Washington DC + Affordable Housing
Created date: September 2, 2026
Date last updated: October 8, 2026
For more information visit:  Arbor View| DC 
156-Unit Affordable Housing Asset in SE DC
156 units span six buildings at 1212 Southern Ave SE, totaling 125,592 SF net rentable.
Below-Market Assumable HUD 221(d)(4) Loan
An $8.80M balance carries a 3.04% fixed rate maturing May 2055, well below current market.
Two Assumable Solar Income Streams Onsite
A 233 kW community array pays $1,700 in annual lease rent plus cuts resident electric bills.
LIHTC Compliance Period Now Complete
Affordability covenants expired at the end of 2025, freeing rents to move toward market.
$72,000 in Annual On-Site Daycare Income
Kids Are Us Learning Center occupies a ground-floor unit, generating $72,000 in annual rent.
0.8 Miles to Southern Ave Metro Station
Southern Ave’s Green Line station sits 0.8 miles away, adjacent to a WMATA MetroBus stop.

Property Description

Berkadia, in partnership with RealINSIGHT Marketplace, is pleased to present Arbor View, a 156-unit affordable housing community at 1212 Southern Ave SE in Washington, D.C., spanning 125,592 SF across six buildings built in 1964 and renovated in 1995 and 2014. The asset carries an assumable HUD 221(d)(4) loan with an $8.80 million balance at a 3.04% fixed rate maturing in 2055, alongside two assumable solar arrangements, including a 233 kW community solar facility placed in service in 2025 that generates lease income and cuts electric costs for roughly 50 residents. On-site commercial income includes $72,000 annually from the Kids Are Us Learning Center daycare. The recent expiration of the property's LIHTC affordability covenants creates an opportunity to capture additional value through measured rent growth toward market levels. Located 0.8 miles from the Southern Ave Green Line Metro station in a Southeast D.C. submarket undergoing significant redevelopment, Arbor View offers buyers below-market financing, diversified income, and rent growth potential. The Property is offered individually or in combination with Meadowbrook Run as part of the 415-unit Enterprise Portfolio. **Arbor View is offered as part of the 415-unit Enterprise Portfolio alongside Meadowbrook Run. Properties can be acquired individually or in combination.
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Key Property Information

Listing Status: Available
Listing Type: Auction
Property Types: Affordable Housing
No. of Units: 156
Year Renovated: 2014
Building Size: 125,592 Sq ft
No. of Stories: 3
Opportunity Zone: No
Parking Spaces: 120
Property Website Click Here
Address: 1212 Southern Ave SE, Washington, DC 20032, USA

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