Peninsula 88 in Washington

Name: Sales in Peninsula 88 started!
Start: 2020-09-09T08:24:57.213409+00:00
End: 2023-12-31T23:59:59+0000
Location: Peninsula 88

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Project info

Object ID: 9161

Finished at	April 2020
Price, m²	From 8780$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 59.00 m²
Floors	8
Apartments	110
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Federal/Center SW 6 min Federal Center SW 6 min Waterfront 7 min Capitol South 8 min Capitol/South 8 min Navy Yard 8 min Union Station 9 min Judiciary Square 10 min L'Enfant Plaza 12 min L'Enfant/Plaza 12 min Archives 13 min NoMa – Gallaudet U 14 min Gallery/Place 14 min Gallery Place 14 min Mount Vernon/Square 15 min Mount Vernon Square 15 min Shaw – Howard/University 16 min Shaw – Howard University 16 min Anacostia 18 min Eastern Market 18 min Smithsonian 19 min Federal Triangle 19 min Metro Center 19 min
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

518,020$

Net profit

7,229$

Payback period

54.6 years

Avg property value increase per year

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Promos and discounts for Peninsula 88

About the project

Peninsula 88 provides a peaceful oasis amidst the hustle and bustle of city life. Open floorplans flow seamlessly from space to space and floor-to-ceiling windows bring in plenty of natural light and beauty. The sleek kitchens and bathrooms are appointed with modern Fluid fixtures; quartz countertops; and high gloss, European-style cabinets. Sustainable wood floor throughout the living areas provides both durability and style. Designed to reflect the peaceful nature of the waters nearby, Peninsula 88 integrates sleek sophistication and zen tranquility.

Developer

We are innovative leaders. Since 2006, we have successfully developed over 40 unique properties that have transformed the landscape, contrib…
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