Shaw House
Thomas Development closed on the Shaw House in April of 2022, and is currently renovating the project. This 9 unit apartment building is located at 1635 6th St NW in Washington DC, in Shaw, one of the most prominent and fastest growing neighborhoods in DC. The property is in walking distance to the Shaw Metro Station, within a quarter mile. The project is a small apartment building that will provide quality affordable housing for families, at high yields to investors. Projected returns for passive investors are in the low 20% IRRs.