Twenty brand-new condos are coming soon to Rhode Island Avenue, solidifying the Northeast corridor as a new hot spot for developers and residents.
PERS Development LLC paid $1.5 million for 329 Rhode Island Ave. NE and plans to convert the 32-unit apartment building into boutique condos. The project, which will also include five commercial units for sale, is expected to cost $3 million.
The property, geared towards first-time buyers, will feature a rooftop deck with a European shower to cool down sunbathers and a glass-enclosed gym. Other perks include scattered docking stations for iPads and iPods (also a popular feature in Donatelli Development’s Park Place Apartments at Petworth Metro).
via New condos coming to Rhode Island Avenue – Washington Business Journal.
