The Waring

Address:1433 T Street NW
Neighborhood:14th St. / U Street Corridor
Property Type:Multi-Family
# of Units:39
Project Status:Stabilized
Completion Date:Built 1909, Renovated 2013, Purchased 2020

A 39-unit 3-story building built in 1909 (renovated 2013) and located in the 14th St. / U Street Corridor. The 14th Street / U Street Corridor is the epicenter of DC nightlife and dining and one of the city’s prime destinations for young, well-educated professionals. Lite value-add opportunity of 39 apartments through improved operations and prudent rent increases.

0.2 miles to U Street Metro Station. Highly coveted rental market – The 14th Street corridor has delivered over 1,250 new, highly amenitized apartments since 2012, setting a new standard for rent per-square-foot in the District. Easy access to employment hubs – Dupont Circle and Downtown Washington, DC by bus, foot, or bicycle and Pentagon City, Alexandria, and SW/Waterfront via green/yellow lines accessible at the U Street Metro Station. One block to 14th Street – richness of restaurants, bars, and shopping that include: Trader Joe’s, Amazon Hub, Matchbox, Shinola, SoulCycle, Room & Board, and Lululemon.