KW COMMERCIAL1441 McCormick Drive,Suite 1020Upper Marlboro , MD 20774 ANTHONY R. BOLLING, JD

Group Leader0: 244.737.5054C: 240.339.6979anthony@anthonybollinggroup.com

1926 I Street NE

OFFERING MEMORANDUM

PRESENTED BY:

WASHINGTON, DC

OFFERING MEMORANDUM

Each Office Independently Owned and Operated anthonybolling.com/ 2

KW COMMERCIAL1441 McCormick Drive,Suite 1020Upper Marlboro , MD 20774

Confidentiality & Disclaimer

ANTHONY R. BOLLING, JDGroup Leader0: 244.737.5054C: 240.339.6979anthony@anthonybollinggroup.com

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sourcesare provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliancewith applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of theproperty for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, thatmay be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters ofsignificance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed inwriting.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercialmakes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercialdoes not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by The Anthony Bolling Group in compliance with all applicable fair housing and equal opportunity laws.

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. Itis submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

OFFERING MEMORANDUM

PRESENTED BY:

WASHINGTON, DC

PROPERTY INFORMATION

1 | PROPERTY INFORMATION

EXECUTIVE SUMMARY

PROPERTY DESCRIPTION

PROPERTY DETAILS

ADDITIONAL PHOTOS

1PROPERTY INFORMATION1926 I STREET NE

OFFERING MEMORANDUM

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OFFERING SUMMARY

SALE PRICE: $950,000

NUMBER OF UNITS: 4

CAP RATE: 5.02%

NOI: $47,670

LOT SIZE: 0.06 Acres

YEAR BUILT: 1942

BUILDING SIZE: 2,368 SF

ZONING: RA 2

MARKET: Trinadad

SUBMARKET: Carver Terrace

PRICE / SF: $401.18

PROPERTY OVERVIEWThe owner will vacate unit 4 at closing.

PROPERTY HIGHLIGHTS

Executive Summary

1926 I STREET NE 1 | PROPERTY INFORMATION

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PROPERTY OVERVIEW

The owner will vacate unit 4 at closing.

LOCATION OVERVIEW

This one-bedroom four-unit near the H Street Corridor is a realgem! Remodel completed in 2016 includes a new roof, majorssystems upgrade, and appliances. Hardwood-style flooring isfound all throughout the common areas with carpeting in thebedrooms. Fully leased and owner-occupied, tenants on month tomonth leases. This apartment provides easy access to the groceryneeds, both Aldi and Safeway are right down the street. TheHechinger Mall provides some more convenience, and all theamenities of H Street are nearby. Street parking is also easy in thisneighborhood. When you don't want to deal with traffic, busesdown Bladensburg and Maryland Ave make getting around town abreeze, not to mention the streetcar down H Street. Green spacesabound over here as well: The National Arboretum, KenilworthPark, and Kingman Island are all nearby! Make an appointmenttoday to view this great property!This area is very walkable ~ mosterrands can be accomplished on foot. Transit is good, with manynearby public transportation options. There is some amount ofinfrastructure for biking.

Property Description

1926 I STREET NE 1 | PROPERTY INFORMATION

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SALE PRICE $950,000

LOCATION INFORMATION

Building Name 1926 I Street NE

Street Address 1926 I Street NE

City, State, Zip Washington, DC 20002

County/Township District of Columbia

Market Trinadad

Submarket Carver Terrace

Cross Streets 19th street NE

BUILDING INFORMATION

Building Size 2,368 SF

NOI $47,670

Cap Rate 5.02%

Price / SF $401.18

Year Built 1942

Occupancy % 100%

Tenancy Multiple

Number Of Floors 2

Load Factor Yes

PROPERTY DETAILS

Property Type Multifamily

Property Subtype Low-Rise/Garden

Zoning RA 2

Lot Size 0.06 Acres

Submarket Carver Terrace

Property Details

1926 I STREET NE 1 | PROPERTY INFORMATION

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Additional Photos

1926 I STREET NE 1 | PROPERTY INFORMATION

LOCATION INFORMATION

2 | LOCATION INFORMATION

REGIONAL MAP

LOCATION MAPS

AERIAL MAP

2LOCATION INFORMATION1926 I STREET NE

OFFERING MEMORANDUM

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1926 I Street NE

Regional Map

1926 I STREET NE 2 | LOCATION INFORMATION

Each Office Independently Owned and Operated anthonybolling.com/ 10

Location Maps

1926 I STREET NE 2 | LOCATION INFORMATION

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1926 I Street NE

Aerial Map

1926 I STREET NE 2 | LOCATION INFORMATION

FINANCIAL ANALYSIS

3 | FINANCIAL ANALYSIS

FINANCIAL SUMMARY

INCOME & EXPENSES

RENT ROLL

ADVISOR BIO 1

3FINANCIAL ANALYSIS1926 I STREET NE

OFFERING MEMORANDUM

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INVESTMENT OVERVIEW INCOME REPORT

Price $950,000

Price per Unit $237,500

GRM 16.3

CAP Rate 5.0%

Cash-on-Cash Return (yr 1) 5.02 %

Total Return (yr 1) $47,670

Debt Coverage Ratio -

OPERATING DATA INCOME REPORT

Gross Scheduled Income $58,464

Other Income -

Total Scheduled Income $58,464

Vacancy Cost $0

Gross Income $58,464

Operating Expenses $10,794

Net Operating Income $47,670

Pre-Tax Cash Flow $47,670

FINANCING DATA INCOME REPORT

Down Payment $950,000

Loan Amount -

Debt Service -

Debt Service Monthly -

Principal Reduction (yr 1) -

Financial Summary

1926 I STREET NE 3 | FINANCIAL ANALYSIS

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UNIT

NUMBER

UNIT

BED

UNIT

BATH

UNIT

SIZE (SF)

LEASE

START

LEASE

END

CURRENT

RENT

CURRENT

RENT (PER SF)

MARKET

RENT

MARKET

RENT/SF

SECURITY

DEPOSIT

1 1 1 550 5/1/2017 5/1/2020 $1,186 $2.16 $1,400 $2.55

2 1 1 550 5/1/2017 5/1/2020 $1,186 $2.16 $1,400 $2.55

3 1 1 550 3/1/2017 3/1/2020 $1,100 $2.00 $1,400 $2.55

4 1 1 550 $1,400 $2.55 $1,400 $2.55

Totals/Averages 2,200 $4,872 $2.21 $5,600 $2.55 $0

INCOME SUMMARY INCOME REPORT

unit 1 $1,186unit 2 $1,186unit 3 $1,100Unit 4 ( owner ) $1,400

Gross Income $4,872

EXPENSE SUMMARY INCOME REPORT

water & Sewer $3,000Electric $480Heating $520Insurance $1,367Cleaning $350Supplies $200Trash Removal $400Lawn Care & Snow Removal $1,500Repairs & Maintenance $560Real Estate Taxes $2,417

Gross Expenses $10,794

Net Operating Income $47,670

Income & Expenses

1926 I STREET NE 3 | FINANCIAL ANALYSIS

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UNIT

NUMBER

UNIT

BED

UNIT

BATH

UNIT

SIZE (SF)

LEASE

START

LEASE

END

CURRENT

RENT

CURRENT

RENT (PER SF)

MARKET

RENT

MARKET

RENT/SF

SECURITY

DEPOSIT

1 1 1 550 5/1/2017 5/1/2020 $1,186 $2.16 $1,400 $2.55

2 1 1 550 5/1/2017 5/1/2020 $1,186 $2.16 $1,400 $2.55

3 1 1 550 3/1/2017 3/1/2020 $1,100 $2.00 $1,400 $2.55

4 1 1 550 $1,400 $2.55 $1,400 $2.55

Totals/Averages 2,200 $4,872 $2.21 $5,600 $2.55 $0

Rent Roll

1926 I STREET NE 3 | FINANCIAL ANALYSIS

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ANTHONY R. BOLLING, JD

Group Leader

anthony@anthonybollinggroup.comDirect: 244.737.5054 | Cell: 240.339.6979

PROFESSIONAL BACKGROUND

In 2015, Anthony was recognized as a Mega agent ranked #3 in sales production (out of 3,800 Keller Williams associates) across the MD/DC region and ranked #24 out of the country’s Top 50 producing real estate agents by Keller Williams International. He is the #1 rankedcommercial real estate professional at KWPP and “We’re excited to see Anthony accomplish this achievement,” said Patricia Long, TeamLeader of Keller Williams Preferred Properties. “At Keller Williams we believe in succeeding through people and having Anthony on ourteam is a huge win for us.”

Anthony has superior training, skills and tools as a real estate professional. Following his graduation from the University of Virginia (InCharlottesville, VA) he sold homes to first-time home-buyers for the Marshall Heights Community Development Organization. After lawschool he served as a commercial leasing broker for Barrueta & Associates and earned his Certified Commercial Investment Memberdesignation (CCIM). “We’re proud to be in business with Anthony,” said John Davis, President, Keller Williams International. “He’s usingKeller Williams systems, models and tools to grow his business and help clients. And clearly he’s just hitting his stride in his market.”

Anthony is very active is his community. He is a member of the Antioch Baptist Church of Deanwood, Washington (DC) Alumni Chapterof Kappa Alpha Psi Fraternity Incorporated, Fellowship Lodge No. 26 of Prince Hall Mason, UVA Football Alumni Club, CCIM Board ofDirector and twice past president Mid-Atlantic Chapter of CCIM.

EDUCATION

CCIM Institute (CCIM) 2005DC School of Law (JD) 1994University of Virginia (BA) 1987Mckinley Technical Institute ( H.S.) 1982Rabaut Jr. High 1979Kneen Elementary 1976Carver Elementary 1975

MEMBERSHIPS

CCIM InstituteAAREP of DCNARGCAARWashington (DC) Alumni Chapter of Kappa Alpha Psi Fraternity, IncAntioch Baptist Church of Deanwood

The Anthony Bolling Group1441 McCormick Drive Suite 1020

Upper Marlboro , MD 20774240.737.5000

Advisor Bio 1

1926 I STREET NE 3 | FINANCIAL ANALYSIS

ADDITIONAL INFORMATION

4 | ADDITIONAL INFORMATION

4ADDITIONAL INFORMATION1926 I STREET NE

OFFERING MEMORANDUM