3146 16th Street NW, Washington, D.C. 20010
The Vintage on 16th
85-unit, Class A, TOPA-exempt multifamily asset
Investment Highlights
- 24% Mark-to-Market Rental Upside
- Full TOPA Exemption Enhances Execution Certainty
- Limited New Development Pipeline Strengthens Fundamentals
- Irreplaceable Architecture with a Best-in-Class Amenity Package
- Above-Market Expense Ratio (57%) Unlocks Operational Upside
- Strategic Dual Submarket Positioning
