Chapman Stables in Washington

Name: Sales in Chapman Stables started!
Start: 2020-09-08T10:38:30.787841+00:00
End: 2023-12-31T23:59:59+0000
Location: Chapman Stables

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Project info

Object ID: 9142

Finished at	April 2018
Price, m²	From 10375$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	5
Apartments	114
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Union Station 4 min Federal/Center SW 7 min Federal Center SW 7 min Capitol South 7 min Capitol/South 7 min Judiciary Square 7 min NoMa – Gallaudet U 8 min Navy Yard 10 min Waterfront 10 min Mount Vernon Square 12 min Mount Vernon/Square 12 min Shaw – Howard/University 12 min Shaw – Howard University 12 min Gallery/Place 13 min Gallery Place 13 min L'Enfant/Plaza 13 min L'Enfant Plaza 13 min Archives 13 min Fort Totten 14 min Georgia Avenue – Petworth 16 min Georgia Avenue/Petworth 16 min Rhode Island 16 min Eastern Market 17 min Takoma 18 min Brookland–CUA 19 min Metro Center 19 min Federal Triangle 19 min Smithsonian 19 min U Street 20 min Anacostia 20 min
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

415,000$

Net profit

5,883$

Payback period

51.4 years

Avg property value increase per year

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About the project

With only a few homes remaining at Chapman Stables, now is your time to embrace a new style of historic living. Click on the Instagram icon above and follow our stories, as we show you each stunning detail inside.

Here, modern amenities and thoughtful finishes enhance the industrial spirit of a building that dates back to 1906 in the heart of Truxton Circle.

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