Residence Inn National Mall - Washington D.C.
A hotel property in Washington, District of Columbia. Securitized in 1 CMBS deal in 2024.
$83.9MAppraised value (latest deal)
79.5%Occupancy
$7.3MUnderwritten NOI
8.7%Implied cap rate
- Address
- 333 East Street Southwest, Washington, DC 20024
- Property type
- Hotel · Extended Stay
- Year built
- 2005
- Size
- 233 Rooms
- Sponsor
- TDC Real Estate Corp.
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2024-BNK48 | 2024-10-01 | $83.9M | 79.5% | $7.3M | 8.7% | $53.0M | 63.2% | 1.78x | 424B |
Historical NOI reported in BANK 2024-BNK48
| Period ending | NOI |
|---|---|
| 6/30/2024 | $7.4M |
| 12/31/2023 | $7.0M |
| 12/31/2022 | $5.2M |
More CMBS properties in District of Columbia →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.