Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
BACK TO TOP
Carver
BACK TO MAP
DOC CENTER
SLOWE
BACK TO MAP
DOC CENTER
THE LOCATION
Berkadia is pleased to exclusively offer Carver & Slowe for sale, two multifamily communities comprising of 166 units located in Northwest Washington, DC. Both properties are exempt from rent control. These properties underwent comprehensive renovations in 2019 effectively rendering them like new. The units boast functional, open floor plans and are equipped with high-end appliances. Residents can enjoy a wealth of community amenities, including beautifully landscaped courtyards, communal rooms designed for both study and relaxation, and a fitness center at each location. Despite being under a ground lease with Howard University, the assets benefit from a fully capitalized lease, eliminating any ground rent payments.
Ideally positioned in the up-and-coming Shaw neighborhood, a key employment hub in DC, these properties are adjacent to Howard University and Howard Hospital, and just south of MedStar Washington Hospital Center. The surrounding area offers a rich array of neighborhood retail, dining, and recreational options. The properties are conveniently located 0.5 miles from the Shaw-Howard U Metro station (green line) and are adjacent to WMATA Metrobus routes.
166
total units
$1,992
UW Rent
$3.56
UW Rent/SF
560
Avg. Unit SF
92,942
Rentable SF
Extensive Renovation:
Apartment Spaces:
The Properties
The Opportunity
Document Center
Contact Us
Privacy
Terms of Use
1919 3rd St NW Washington, DC 20001
Year Built - 1941 | 2019
RENTABLE SF - 54,281
Number of Units - 103
Avg Unit SF - 527
211 Elm St NW Washington, DC, 20001
Year Renovated - 1942 | 2019
Rentable SF - 38,661
Number of Units - 63
Avg Unit SF - 613
DOC CENTER
4445 Willard Avenue Suite 1200
Chevy Chase, MD 20815
D.C. OFFICE
Mortgage Bankers
Senior Managing Director
301.202.3553
bobby.meehling@berkadia.com
ROBERT MEEHLING
Director
240.421.5565
louis.jacobe@berkadia.com
Louis Jacobe
Investment Advisors
Contact us
The Properties
The Opportunity
Terms of Use
Privacy
Contact
Document Center
Managing Director
703.408.7701
ted.hermes@berkadia.com
Ted Hermes
211 Elm St NW Washington, DC, 20001
Both assets underwent comprehensive community and unit renovations completed in 2019 making them comparable to newly constructed products
Individual units are impressive featuring quartz countertops, high ceilings, and a high-end Bloomberg appliance package combining style and functionality
Community Features:
Both Properties have an array of common areas designed to accommodate a diverse range of potential residents, particularly students (i.e., Slowe study lounge, Carver library lounge suite)
NO RENT CONTROL:
The Properties are exempt from rent control allowing future ownership to significantly grow rents, increasing top line revenue
THE OFFERING
KEY HIGHLIGHTS
1941 | 1942
Year Built
1919 3rd St NW | Washington, DC 20001
DOC CENTER
DOC CENTER
S
166-Unit Two-Property Portfolio
in Northwest Washington, D.C.
Senior Director 781.801.2378 phil.brannigan@berkadia.com
Phil Brannigan
Proximity to Employment:
The Properties are next to several medical and educational institutions and are less than two miles to downtown DC- the hub of the Federal Government and numerous private sector organizations
carver
SLOWE
