RIALTO

Washington DC NE

A seven-story, ground-up multi-family apartment and mixed-use property with ~4,300 sqft of retail space, 27 surface-level parking spaces, and 65 storage units. The 76 apartment units consist of one/two-bedroom floorplans ranging in size from 650 to 1,100 sqft. The property is currently 90% leased and the construction loan was recently refinanced which resulted in a significant cost savings while the property management company works towards achieving full stabilization. Close-out is projected for 3rd QTR 2026.

The project borders four well established neighborhoods in the NE quadrant of Washington DC (Eckington, Bloomingdale, Edgewood and Brentwood) and is better known as “Rhode Island Row.” Rhode Island Row embodies urban style and energy, convenience and convergence. A lively scene of restaurants, shops and services, topped with bright and spacious apartments right on the Red Line.

Sponsor Partner:  Capital City Real Estate

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