1851 9th St NW - Howard University - Washington, D.C.
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1851 9th St NW - Howard University - Washington, D.C.
29,934 SF Specialty Building Offered at $25,999,745 CAD at a 6.30% Cap Rate in Washington, DC 20001
Executive Summary
- NNN Fee simple passive investment
- Land and building acquisition, depreciable ownership of building (80% of offering)
- Lease signature by The Howard University, Investment Grade Credit Rating (Fitch BBB)
- Howard University paid on-site property management
- Recent improvements paid by Howard University include paint, carpet and new furniture to support the incoming Chadwick A Boseman College Of Fine Arts
- Situated at the prominent corner of 9th and T Street, a two block walk to Howard University Campus and Metro Station
- $1.2M Building Renovation in 2012 - new rooftop, HVAC, light fixtures, restrooms
- Land and building acquisition, depreciable ownership of building (80% of offering)
- Lease signature by The Howard University, Investment Grade Credit Rating (Fitch BBB)
- Howard University paid on-site property management
- Recent improvements paid by Howard University include paint, carpet and new furniture to support the incoming Chadwick A Boseman College Of Fine Arts
- Situated at the prominent corner of 9th and T Street, a two block walk to Howard University Campus and Metro Station
- $1.2M Building Renovation in 2012 - new rooftop, HVAC, light fixtures, restrooms
Property Facts
| Price | $25,999,745 CAD | Building Class | B |
| Price Per SF | $869 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 29,934 SF |
| Cap Rate | 6.30% | No. Stories | 4 |
| Property Type | Specialty | Year Built/Renovated | 1932/2025 |
| Property Subtype | Schools | Tenancy | Single |
| Price | $25,999,745 CAD |
| Price Per SF | $869 CAD |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 29,934 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1932/2025 |
| Tenancy | Single |
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Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (81)
Bike Score ®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 0394-0874 | Improvements Assessment | $9,578,412 CAD |
| Land Assessment | $2,084,751 CAD | Total Assessment | $11,663,162 CAD |
PROPERTY TAXES
Parcel Number
0394-0874
Land Assessment
$2,084,751 CAD
Improvements Assessment
$9,578,412 CAD
Total Assessment
$11,663,162 CAD
zoning
| Zoning Code | RF-1 (RF-1: Residential Flat) |
| RF-1 (RF-1: Residential Flat) |
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1851 9th St NW - Howard University - Washington, D.C.
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