Marcus & Millichap has arranged the $3 million sale of a student housing property at 3305 7th St. NE in Washington, D.C. The asset is positioned directly next to The Catholic University of America in the Brookland neighborhood, placing residents within an easy walk of the campus, the Brookland-CUA Metro station and nearby retail and dining options. The location links the property to both university life and the broader neighborhood amenities that appeal to students seeking convenient, off-campus housing.
The sale involves a purpose-built student housing community developed in 2014. The building is configured as a 24-bed, six-unit property totaling 6,165 square feet on a 0.11-acre site. Each unit is fully furnished and offers shared kitchen and living spaces, reflecting a layout tailored to student renters who prioritize convenience and communal living areas. The relatively recent vintage and modern configuration of the property align with current expectations for dedicated student housing near major universities.
Marcus & Millichap represented the seller in the transaction. The brokerage team was led by Stacey Milam, senior managing director of investments in the firm’s Washington, D.C. office, together with Selena Alexander Hayes. According to Milam, coordination among the seller and all parties to the deal was important in moving the transaction to closing amid the current market environment. Her comments underscore the need for active engagement among stakeholders to complete trades even for smaller assets.
Milam also noted that smaller, well-located student housing properties such as 3305 7th St. NE continue to attract attention from private investors. The combination of proximity to a major university, walkable access to transit at the Brookland-CUA Metro station and neighborhood retail and dining appears to support investor interest despite broader market headwinds. While the identities of the buyer and seller were not disclosed, the trade demonstrates ongoing capital flow into targeted student housing assets that benefit from immediate adjacency to campus.
The transaction highlights Brookland’s role as a student-oriented submarket within Washington, D.C., where dedicated housing options serve Catholic University’s enrollment base. With a relatively compact footprint and bed count, the property represents the type of student housing investment that can appeal to private buyers seeking exposure to the sector without the scale of large, institutionally owned communities. The deal illustrates how assets with a clear demand driver, such as direct adjacency to a university and close access to public transit, can remain competitive in the investment sales market.
