High-Value D.C. Hospitality Asset: 67-Unit NoMa Extended-Stay Hotel to Be Sold at Foreclosure Auction on Nov. 5, 2025
08 Oct, 2025 - Tranzon Key
As seen on Bisnow
Oct. 8, 2025 — Tranzon Key, a leader in accelerated real estate marketing, today announced the upcoming foreclosure auction of a recently constructed, 67-unit, extended-stay hotel property in Washington, D.C.’s dynamic NoMa neighborhood. This offering represents a rare opportunity for institutional investors and hospitality operators to acquire a premium asset in a strategic urban market through a non-contingent sale process.
The property, currently operating as Reside NoMa, a Wyndham Residence, is a modern, five-story building located at 1324 N. Capitol St. NW, Washington, D.C. 20002.
Investment Highlights & Property Snapshot:
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Premium Location: Situated in the highly sought-after NoMa district, the asset benefits from exceptional connectivity, located just two blocks from the NoMa-Gallaudet U New York Ave Metro Station. The location is characterized by intense residential and commercial development, offering a strong corporate and leisure travel demand base.
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New Construction: The 49,650-square-foot building was constructed in 2023, minimizing near-term capital expenditure requirements. The property is zoned MU-5 Mixed Use, offering flexibility for future strategic direction.
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Unit Mix: The 67 guest rooms are designed for extended-stay appeal, believed to consist of 37 Queen Studios, 15 one-bedroom suites, and 15 two-bedroom suites.
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Operational Infrastructure: Building amenities include a fitness center, guest laundry facilities, and a sundries shop. The sale includes all furniture, fixtures, and equipment (FF&E).
Foreclosure Opportunity:
The Foreclosure Auction is being conducted by Tranzon Key on behalf of Substitute Trustee Michael G. Gallerizzo, pursuant to a Deed of Trust.
Auction Details:
The foreclosure auction will be held on Tuesday, Nov. 5, 2025, at 12:00 PM ET at 1725 I St NW, Suite 300, Metro Offices, Washington, DC 20006.
Prospective investors must review the full Notice of Substitute Trustees' Sale and the Property Information Package for complete terms, conditions, and required deposit details. Property documents and contact information for the auction agent are available on the Tranzon website.
Contact:
Jeff Stein, Managing Partner
Tranzon Key
703-539-8111
jstein@tranzon.com
Property ID: KEY5134
Property Link for More Information: https://www.tranzon.com/key5134
DISCLAIMER: Information contained herein is believed to be correct but is subject to inspection and verification by all parties relying on it. Sellers, their representatives, and auctioneer shall not be liable for inaccuracies, errors, or omissions. This offering is subject to prior sale and may be withdrawn or modified at any time without notice. All square footage and dimensions are approximate.
Contact Jeff Stein at jstein@tranzon.com