The Perla in Washington

Name: The Perla
Brand: Four Points LLC
SKU: 9141
Availability: InStock

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Project info

Object ID: 9141

Finished at	November 2019
Price, m²	From 8570$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 70.00 m²
Floors	9
Apartments	66
Condition	Turnkey
Construction type	Monolyth
Security	Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Mount Vernon Square 3 min Mount Vernon/Square 3 min Judiciary Square 3 min Shaw – Howard University 3 min Shaw – Howard/University 3 min Gallery/Place 4 min Gallery Place 4 min Archives 4 min L'Enfant Plaza 6 min L'Enfant/Plaza 6 min Federal Center SW 7 min Federal/Center SW 7 min Waterfront 8 min Georgia Avenue – Petworth 8 min Georgia Avenue/Petworth 8 min Metro Center 10 min Federal Triangle 10 min Smithsonian 10 min U Street 11 min Union Station 13 min Columbia Heights 15 min Columbia 15 min Capitol South 16 min Capitol/South 16 min Takoma 16 min McPherson Square 17 min McPherson/Square 17 min NoMa – Gallaudet U 17 min Navy Yard 18 min
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

599,900$

Net profit

7,813$

Payback period

59.3 years

Avg property value increase per year

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About the project

The Perla is a new condo development by Four Points LLC at 810 O Street Northwest, Washington. The development was completed in 2019

Developer

Four Points, LLC is a full-service real estate development and investment company based in Washington, DC. Four Points is the culmination o…
Details about Four Points LLC