
Active
The W Condominium
Washington, DC
Overview
The W Condominium is a 15-unit property originally acquired as a multifamily rental. Identifying a strong value-add opportunity, Nile Equity Group worked collaboratively with the existing tenant association to complete a condominium conversion. Our exit strategy blends both rental income and condo sales, allowing for a hybrid approach that captures value through ongoing cash flow and profitable unit dispositions.
Highlights
- 15 units
- Condo conversion
- Hybrid rental + sales exit strategy
- Multifamily to condo repositioning
Deal Summary
StatusActive
Asset TypeCondo
LocationWashington, DC
Year Acquired2023
Units15
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