The Normandie
101
Units
1938
Built
602
Average Unit Size
The Opportunity
Berkadia is pleased to present for sale The Normandie, a 101-unit multifamily property located across from the Parks at Walter Reed Redevelopment in and Opportunity Zone that transforms 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.
Visit Doc CenterINVESTMENT HIGHLIGHTS
WELL-MAINTAINED PHYSICAL ASSET
Current ownership has well maintained the property, positioning it strongly for a buyer to maximize performance.
LOCATED NEXT TO THE PARKS AT WALTER REED MASTER-PLANNED COMMUNITY
The Property is situated next to the 66-acre Parks at Walter Reed redevelopment, a mixed-use neighborhood transforming the former Walter Reed Army Medical Center into a walkable destination featuring new retail, dining, public parks, residential uses, and community programming.
EXCELLENT TRANSIT CONNECTIVITY
The Property is just 0.7 miles from the Takoma Metro station (Red Line), providing residents with direct access to downtown D.C. and the various employment hubs the greater D.C. Metro area has to offer.
OUTSTANDING RENTER DEMOGRAPHICS
The Normandie is in one of Washington, D.C.’s most established residential corridors, featuring an average household income of $152,000, with 60% of residents holding a bachelor’s degree or higher, and a median age of 37.6 within a 1-mile radius (CoStar, 2026).
EMBEDDED RENT GROWTH POTENTIAL
In-place rents at the property remain below those achieved at comparable assets, presenting a clear opportunity for future ownership to drive rental upside while remaining within applicable DC rent control guidelines.
Gallery
Contact Us
DC METRO
4445 Willard Ave.
Suite 1200
Chevy Chase, MD 20815
Investment Sales
Robert Meehling
Senior Managing Director
301.202.3553
[email protected]
DC, DRE #BR40000206
Louis Jacobe
Director
240.396.1088
[email protected]
DC, DRE #SP200203315
Mortgage Banking
PATRICK MCGLOHN
Senior Managing Director
301.941.4610
[email protected]
NATALIE HERSHEY
Associate Director
301.941.4632
[email protected]
The Normandie
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.
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