6,057 sqft

$12,500,000

1128 10TH STREET NW, WASHINGTON DC, 20001

Price per sqft$2,063.73

Built in2026

Property size6,057 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed Nov 2, 2026

Updated 10h ago

VERNA — 1128 Tenth Street NW, Washington, DC Ten furnished residences. One professional operator. A building that already works. VERNA is ten newly built apartments in Logan Circle, two blocks from Mount Vernon Square Metro — furnished, occupied and producing income from the day you close. White oak floors, nine-foot ceilings, Poggenpohl kitchens, Bosch appliances, in-residence laundry and private outdoor space in every unit; eight two-bedrooms and two one-bedrooms behind a secure, elevator-served lobby. LANDING, the operator of 10,000-plus units nationwide, furnishes each residence at its own cost, screens every resident, markets the building, and pays the owner 80 percent of revenue monthly. Average stays run 77 nights. The Year 1 projection shows $442,178 in owner proceeds, with occupancy stabilizing above 91 percent. The month-to-month agreement leaves every option open: keep the operator, replace it, or change use. Offered at $12,500,000 by The Centurion Group, Sotheby’s International Realty. Projections subject to verification.

Other Property Details

Taxes: $1
Tax Frequency: Annually
New Construction: Yes

Listed by TTR Sotheby's International Realty
Listing Contact: 6466442564

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 11/3/2026 at 12:55 PM UTC

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