FAIRCLIFF PLAZA EAST
1350-1358 Fairmont St., NW Washington, DC 20009
In 2002, Eagle Point Enterprises and Somerset Development purchased Faircliff Plaza East, an 80-unit apartment complex located in the Columbia Heights neighborhood of Washington, DC. The project consists of 24 one-bedroom units, 40 two-bedroom units, and 16 three-bedroom units, all of which are subsidized through a project-based Section 8 contract. Each building contains 4.5 stories, the lowest level being partially below grade. There is an on-site management office, laundry facility, and an open-air parking lot that contains 40 parking spaces. The property was developed in 1981 under the HUD Section 221 program.
Yes, because you can be down on your luck but ya gotta have a place to park your ride, raight? Eagle Point Enterprises is one of the developers of Faircliffs East and West Plazas that getting rich off taxpayer money.
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