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Modern Architecture

Investment Snapshot

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1223 Talbert St.png

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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