R STREET APARTMENTS

R Street Apartments
1416 R Street NW
Washington, D.C. 20009

R Street Apartments is a historic 124-unit apartment property consisting of 5 buildings known as Wardman Row.  Built between 1911 and 1912 the scope consisted of a $7.8 million rehab including an update of all major systems, roofs, kitchens, flooring, and common areas as well as the addition of six new market rate units bringing the total units up to 130.

Financing includes tax-exempt bonds, 4% LIHTC, historic tax credits, DHCD subordinate financing, and Green Communities funding.