1418-1424 Somerest Place NW Update 01/22/24

Brightwood Multifamily Acquired for $7.5M

The multifamily properties at 1418-1424 Somerset Place NW & 1417 - 1423 Sheridan Street NW have traded for $7,500,000. The 2 building complex features a total of 56 units. According to the property listing, the buildings maintain a consistently high occupancy rate however inplace below market rents still afford the purchaser significant value-add upside. 

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