Project Description:

The Lexington will be the result of combining two existing apartment buildings located at 1100 and 1114 F Street NE into a single, 72 unit property.  By combining the two assets, UIP will reduce operating expenses and can eliminate two stairwells in order to generate more rental square footage. UIP acquired the assets fully permitted with numerous infrastructure elements already completed; this includes a new electric transformer installed in a newly built vault. The project is slated for completion in Q1 of 2026, delivering a best-in-class living experience that rivals new market-rate developments. Situated in one of DC’s most walkable neighborhoods, the property benefits from proximity to established restaurants, retail, and public transit.

Upon completion, the building will feature premium amenities, including a rooftop deck with Capitol views, a landscaped courtyard, a secure package room, and bike storage; catering to urban professionals. Interior finishes are designed to maximize leasing velocity and rental rates, incorporating integrated appliances, spa-inspired bathrooms, modular closets, and voice-activated electric roller blinds. With limited new supply in Capitol Hill and strong demand for high-end rentals, this project presents a compelling investment opportunity in a sought-after location.