Property Details
Presenting the East Capitol Portfolio: 27 one-bedroom apartments in three garden-style buildings on contiguous lots at 3300–3314 East Capitol Street NE in River Terrace, Washington, DC. The property sits across the Anacostia River from the RFK campus and the planned Washington Commanders stadium, with a direct connection over the East Capitol Street bridge.
The investment combines in-place income with identifiable upside. Near-term opportunities include leasing the non-occupied units, improving operating performance and moving rents toward the levels shown by recent leases at the property as long-term tenancies turn over, subject to the District’s rent stabilization rules.
The three buildings share one block of East Capitol Street and operate as a single property. All three lots are zoned RA-1, and the contiguous, low-density site may support future repositioning or redevelopment, subject to applicable zoning, entitlement and regulatory considerations.
River Terrace offers quiet residential character, waterfront access and connectivity to the rest of Washington. Capitol Hill and major DC employment centers are accessible via Metrorail at Minnesota Avenue, Metrobus, East Capitol Street and DC-295. Nearby amenities include the Anacostia Riverwalk Trail, River Terrace Park, Kingman and Heritage Islands, Langston Golf Course and the River Terrace Education Campus.
Across the river, the RFK campus is planned for redevelopment anchored by the future Commanders stadium. The broader plan calls for new housing, retail, restaurants, hotels, recreation and public space, along with improved transportation and waterfront connections. A purchaser acquiring the DDT Portfolio before that work is delivered gains current income, operational upside and a position across the river from one of the largest redevelopment projects in the District.
Qualified prospective purchasers are invited to request the confidential Offering Memorandum, which covers residential occupancy, the rent roll and lease structure, historical financial performance, recent leasing evidence, operating assumptions, building systems, parcel and zoning analysis, and development considerations. Data room access is provided upon an approved proposal.
