Maycroft Apartments

Units

$410,000

Purchase Price in 1994

et-

MAG & Peak Properties

et-

Location

1474 Columbia Road NW

  • Sold to Jubilee Housing who committed to retain project as affordable housing for low and moderate income renters utilizing DHCD, LIHTC and NMTC funding
  • First Floor commercial area leased to a Labor Department Funded Training Program for Tradesmen
  • Project IRR was approximately 40% at refinancing in 2006