Alta 801

JLL is pleased to present for sale the leasehold interest in Alta 801 (the “Property”), a 2023 vintage, trophy asset featuring 327 residential units in the heart of Mount Vernon Triangle. The investment opportunity is highlighted by the Property’s best-in-class construction, luxury unit finishes, and start-of-the-art community amenities combined with its irreplaceable location within Washington, DC’s premier live-work-play neighborhood. The Property, offered at a compelling basis below replacement cost, continues to outperform while achieving top of market rents and maintaining a 62.5% retention ratio.

Alta 801 features an impressive amenity package complete with a resort style infinity edge swimming pool with private cabanas, outdoor entertainment spaces with grilling stations, TVs, and fireside seating areas, premier 24/7 fitness center, rooftop club room and wine bar, as well as coworking spaces with private conference rooms. Apartment finishes set the new standard in the submarket with stunning kitchens including quartz countertops and designer backsplash, stainless steel appliance packages, designer wood-style flooring, full-size in-unit washer and dryers, as well as private balconies and walk-out patios in select units.