Fundrise 1351 H Street NE LLC
1351 H Street NE, Washington, DC • WestMill Capital Partners
Cash Flowing to Investors
Ann. Return
8.4%
Term
-
Fundrise Rating
D
Security Type
Equity
Investment Size
$325,000
Min. Investment
$100
Current Ann. Return
Open To
All Investors
View Slideshow
Type
Mixed-Use
Retail & Restaurant
Phase
Value-Add
Renovation
Location
Washington, D.C.
H Street Corridor

Investment Summary

WestMill Capital Partners (WCP), as developer, plans to renovate the property and lease it to a restaurant or retail tenant. WCP believes that the property offers an opportunity for current cash flow over the mid-term while providing the potential of long-term appreciation, as a result of the surrounding growth of the H Street Neighborhood.

Fundrise Rating

What is this?
D1
A
A1
A2
A3
B
B1
B2
B3
C
C1
C2
C3
D
D1
D2
D3
E
E1
E2
E3
Category Assessment Points
Capital Senior to Fundrise 1-49% 1
Capital Junior to Fundrise 10-19% 4
Location Secondary 2
Occupancy Vacant 3
Development Phase Value-Add 2
Sponsor’s Track Record Less than $50 million 3
Overall 15 D1
*The information contained in the Fundrise Rating is for informational purposes only. It is impersonal and not individualized for any specific investor's financial situation and is not investment advice. These ratings are not intended to be, nor should you interpret them to be, a prediction of how a particular investment will actually perform. You should always carefully consider investments in any security and be comfortable with your understanding of the investment. You may also consider consulting investment professionals.

Property Summary

Property Summary Photo

The building has been occupied by various commercial businesses since the early 1920s, such as a men’s clothing shop, the Salvation Army, a general merchandise store, a used clothing store/thrift shop, a TV and Radio repair shop, as well as numerous residential tenants.

Address 1351 H Street NE
Year Built 1920
Lot Size 3,544 SF
Property Size 5,380 SF

Market Summary

Market Summary Photo

H Street NE is a half-mile commercial district that is home to over 100 retail shops, a vibrant collection of new restaurants, clubs, coffee houses and diverse dining opportunities catering to DC's young professionals and long-term residents.

About the Sponsor

Benjamin Miller

Managing Principal

Daniel Miller

Managing Principal

Brandon Jenkins

Director of Real Estate

WestMill Capital Partners is a leading real estate investment and development firm in Washington, DC. Focused exclusively on urban mixed-use and retail development, WestMill has a strong track record of creating unique, high-quality destinations.

View sponsor’s full profile