1851 9th St NW - Howard University - Washington, D.C.
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1851 9th St NW - Howard University - Washington, D.C.
29,934 SF Speciality Building Offered at £14,507,150 at a 6.30% Net Initial Yield in Washington, DC 20001
Executive Summary
- NNN Fee simple passive investment
- Land and building acquisition, depreciable ownership of building (80% of offering)
- Lease signature by The Howard University, Investment Grade Credit Rating (Fitch BBB)
- Howard University paid on-site property management
- Recent improvements paid by Howard University include paint, carpet and new furniture to support the incoming Chadwick A Boseman College Of Fine Arts
- Situated at the prominent corner of 9th and T Street, a two block walk to Howard University Campus and Metro Station
- $1.2M Building Renovation in 2012 - new rooftop, HVAC, light fixtures, restrooms
- Land and building acquisition, depreciable ownership of building (80% of offering)
- Lease signature by The Howard University, Investment Grade Credit Rating (Fitch BBB)
- Howard University paid on-site property management
- Recent improvements paid by Howard University include paint, carpet and new furniture to support the incoming Chadwick A Boseman College Of Fine Arts
- Situated at the prominent corner of 9th and T Street, a two block walk to Howard University Campus and Metro Station
- $1.2M Building Renovation in 2012 - new rooftop, HVAC, light fixtures, restrooms
Property Facts
Price | £14,507,150 | Building Class | B |
Price Per SF | £485 | Lot Size | 0.15 AC |
Sale Type | Investment | Building Size | 29,934 SF |
Net Initial Yield | 6.30% | Number of Floors | 4 |
Property Type | Speciality | Year Built/Renovated | 1932/2025 |
Property Subtype | Schools | Tenancy | Single |
Price | £14,507,150 |
Price Per SF | £485 |
Sale Type | Investment |
Net Initial Yield | 6.30% |
Property Type | Speciality |
Property Subtype | Schools |
Building Class | B |
Lot Size | 0.15 AC |
Building Size | 29,934 SF |
Number of Floors | 4 |
Year Built/Renovated | 1932/2025 |
Tenancy | Single |
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Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (81)
Bike Score ®
Biker's Paradise (97)
PROPERTY TAXES
Parcel Number | 0394-0874 | Improvements Assessment | £5,338,802 |
Land Assessment | £1,161,995 | Total Assessment | £6,500,797 |
PROPERTY TAXES
Parcel Number
0394-0874
Land Assessment
£1,161,995
Improvements Assessment
£5,338,802
Total Assessment
£6,500,797
zoning
Zoning Code | RF-1 (RF-1: Residential Flat) |
RF-1 (RF-1: Residential Flat) |
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1851 9th St NW - Howard University - Washington, D.C.
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