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Investment Snapshot
1223 Talbert St.
Highlights
A ground-up qualified opportunity zone investment to develop a 10K sq. ft. building into a four, two-over-two 3 bed / 3 bath condos with private outdoor space and parking. Located in the Anacostia / Berry Farms neighborhood near the Anacostia metro redevelopment area, the development targets professionals seeking city access. The units will be available in mid-2024, benefiting from the area's redevelopment and neighboring projects. The project is led by CVGS and Perry Construction as the general contractor.
Location | Washington, DC 20020 |
Sector | Condo |
Invested Equity | $ 1 M |
AUM | $400 K |
FUTURE AUM | $ 3.3 M |
Annual Cash yields | Project In Development |
10-Year Projected Returns | 20%+ IRR |
Investment Date | December 2021 |
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