The Arbor at Takoma
218 Cedar Street NW
Washington, D.C. 20012
The Offering
Summary
- List Price $13,900,000
- Unit Count 36 Multifamily, 4 Retail/Office
- Property Type Mixed-Use
- Multifamily Unit Mix 24 1BRs & 12 2BRs
- Property Subtypes Multifamily, Retail/Office
- Gross Building Area 48,571 SF
- Occupancy 0%
- Lot Size 12,722 SF
- Year Built 2024
- Zoning NMU-4/TK
Investment Summary
Feldman Ruel is pleased to offer for sale the Arbor at Takoma, a fully vacant, newly constructed mixed-use property comprised of 36 multifamily units above four retail/office units. The subject property is being offered well below replacement cost and is not subject to the Tenant Opportunity to Purchase Act (TOPA) or rent control regulations. The Arbor at Takoma, which is located at 218 Cedar Street NW in the heart of Washington, D.C.'s Takoma neighborhood, is situated at a signalized intersection only 350 feet from the Takoma Metro station, which serves the Red Line. This convenient, family-friendly location provides numerous transit options for those traveling to and from downtown Washington, D.C. or Maryland, however its suburban feel and proximity to adjacent Takoma Park, Maryland offers a unique sense of community not found in more traditionally urban neighborhoods nearby.
