Bankruptcy - 35 Unit Apartment Complex Washington, DC

Property Location MAP

4559-4569 Benning Road SE and 4480 C Street SE
Washington, DC 20019

Property #: KEY5210

Preview Times


Tue. 10/6 @ 11:00AM - 1:00PM ET
Wed. 10/14 @ 11:00AM - 1:00PM ET

Contact Agent

Jeff Stein
Tranzon Key

703-539-8111 Or 888-621-2110 jstein@tranzon.com
Authorized for sale by the US Bankruptcy Court for the District of Columbia, this offering features three contiguous multifamily apartment buildings at 4559–4569 Benning Road SE and 4480 C Street SE in Southeast Washington, DC’s Fort Dupont neighborhood. Notably, the transaction is TOPA exempt, ensuring an expedited acquisition free from tenant purchase rights or related delays.
 
The three-story structures contain four units per floor, yielding 12 apartments per building—with the exception of 4569 Benning Rd SE, which features 11 units and a lower-level utility room. Across the total 35 rentable units, the layout consists primarily of 2BR/1BA configurations alongside select 3BR/1BA floorplans, supported by an approximate 24-space rear surface parking lot.
 
Independent reports indicate the asset was constructed in 1965 and updated in 2021, encompassing roughly 25,434 rentable square feet on a 0.65-acre lot (28,485 SF). Units are estimated to average 700 to 800 SF, though total square footage and exact room counts remain unverified.
 
Delivered entirely vacant and secured, this portfolio must be purchased as a single package. The absence of active tenancies eliminates relocation hurdles, presenting a clean slate for full-scale renovation, repositioning, or redevelopment.
 
Situated within the revitalizing Benning Road corridor, the location sits just 0.3 miles from the Benning Road Metro station (Blue/Silver lines) and steps from key Metrobus routes. Commuters benefit from direct routes to Downtown DC and Capitol Hill via Minnesota Avenue and East Capitol Street. Nearby outdoor spaces include Fort Dupont Park and the Anacostia Riverwalk Trail, with Navy Yard and downtown entertainment hubs within easy reach.
 
This asset provides a high-potential opportunity to secure a substantial 35-unit DC multifamily portfolio with dedicated parking, superb transit links, and zero TOPA restrictions.
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Jeff Stein

Jeff Stein: Tranzon Key

703-539-8111 jstein@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 20 business days after entry of an order in the Bankruptcy Case by the US Bankruptcy Court for the District of Columbia approving the sale of the property. Sold in As-Is condition, no contingencies.
  • Deposit Amount: Minimum auction day deposit of $50,000 in guaranteed funds, with a total of 10% due within 48 hours.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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