Map pinWashington, DC, US, Americas

Brookland Manor

Brookland Manor_Property for Sale

Attributes

Units
465
Rent & Income Restrictions
80% HAP / 20% Market-Rate
Year built
1938

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer Brookland Manor, a 465‑unit mixed‑income apartment community located in Washington, D.C. The property is encumbered by two Project‑Based Section 8 HAP contracts covering approximately 80% of units, providing stable, government‑backed cash flow with embedded annual OCAF rent growth, while the remaining 20% of units operate at market rates. With an in‑place average rent of $2,265 and pro forma market rents of $2,713, Brookland Manor offers immediate rent upside within a supply‑constrained, institutionally supported urban market.

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Investment highlights

  1. Strong Contact Rent Growth Potential
  2. HAP Contract Provides Guaranteed Revenue Stream
  3. Affordable Preservation Opportunity
  4. Premium D.C. Metro Ensures Consistent Demand
Brookland Manor (2 Properties)
Brookland Manor (2 Properties)

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Last updated
Apr 14, 2026