The Colonel

About The Colonel

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present The Colonel – a value-add, mixed-use asset in Shaw, Washington, DC’s rapidly expanding and hippest neighborhood. The Colonel’s prime location allows for unparalleled access to Blagden Alley, with its unique mix of history, modern mural art, and world class bars and restaurants. The minimarket around the property is supply-constrained, with only one delivery expected over the next 12 months. Moreover, The Colonel holds proven renovation upside with 3 renovated units to date achieving ~$200 premiums and a study of rent comps demonstrates $200+ monthly rent increases can be unlocked through renovating the remaining units to a similar standard. The submarket’s demographics show that the 25- to 34-year-old young professional segment is the largest and fastest-growing, and residents at the property are one block away from the nearest metro station, providing direct access to employment, DC’s waterfront, and Northern Virginia. Overall, The Colonel occupies the best location in DC’s most desirable residential and entertainment enclave and features rental upside within a supply-constrained minimarket, making it a one-of-a-kind multifamily investment opportunity.