Berkadia is pleased to present the sale of Clover at The Parks (the “Property”), a 60-unit apartment community built in 2023, featuring spacious floor plans and large-format living with an average unit size of 1,408 square feet — including 28 five-bedroom residences representing nearly half of the Property. The Property is situated within the 66-acre The Parks at Walter Reed master-planned redevelopment in Northwest Washington, D.C., a walkable, mixed-use destination transforming the former Walter Reed Army Medical Center campus into a vibrant neighborhood featuring new retail and dining — including an adjacent Whole Foods Market — public parks, residential uses, and community programming. 

The Property is ideally situated just 0.7 miles — a 10-minute walk — from the Takoma Metro Station (Red Line), providing residents with direct access to downtown D.C. and the region’s major employment corridors. The Property benefits from proximity to Washington D.C.’s most significant demand drivers, including the D.C. CBD (47.6M SF of office), East End (53.3M SF), NoMa (12M SF), and nearby Silver Spring (7.6M SF) and Bethesda (10M SF). 

Clover at The Parks is integrated into an activated, park-driven environment featuring landscaped open space, pedestrian pathways, and proximity to Rock Creek Park’s 1,700+ acres of trails and recreation. The Property offers a curated amenity package including a fitness center, rooftop deck, clubhouse and game room, coworking spaces, BBQ grills with outdoor dining, club lounge and bar, and a secured mail room. The immediate submarket is supported by strong resident demographics, including an average household income of $142,000, 52% of residents holding a bachelor’s degree or higher, and a median age of 34.2 within a 1-mile radius (CoStar, 2026). 

Clover at The Parks presents a rare opportunity to acquire a newly constructed, institutionally amenitized asset offering some of the most generously sized residences in the Northwest D.C. multifamily market, within one of the District’s most dynamic and evolving neighborhoods — providing investors a differentiated and compelling position within the broader Washington metro investment landscape.