Marbury Plaza Update 10/06/23

Marbury Plaza Listed in Chapter 11 Bankruptcy Sale​​​​​​​

The Zupancic Group of Marcus & Millichap as the exclusive listing agent approved by the United States Bankruptcy Court for the District of Columbia, is delighted to introduce Marbury Plaza. The sale is subject to a Chapter 11 Bankruptcy process. The offering presents an investor with the opportunity to acquire a multifamily asset with a Certificate of Occupancy for 672 apartment units without being subject to the Tenant Opportunity to Purchase Act (TOPA) process due to the property’s bankruptcy status, which qualifies for exemption from TOPA as defined in §42-3404.02 of DC code.

The property located at 2300-2330 Good Hope Road SE, stands as an impressive 1,197,076 gross square foot asset, positioned on a 10.18 acre lot and comprised of nine (9) distinct buildings housing a total of 674 units. Nestled just steps away from major local developments in Anacostia and Skyland Town Center, Marbury Plaza offers easy access to premier DC neighborhoods like Navy Yard and Capitol Hill, all within a 10-minute drive.

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Learn more about this opportunity here.

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