A rare opportunity to acquire a non-performing promissory note secured by a first-priority lien on a renovated, stabilized multifamily asset in the Fort Dupont neighborhood of Washington, DC. The underlying collateral, an 8-unit apartment building, was 90% occupied as of May 2026, with a waiting list typical of this supply-constrained submarket. Originated Interest Rate (Fixed); 4.73% Default Interest Rate: 9.73% Origination Date: June 30th 2021 Monthly P&I: $10,583.22 Maturity Date: July 2026 Unpaid Balance: $1,261,308.00 Outstanding Months: Feb – May 2026 Next Due date: June 1, 2026 Collateral Value: $2.3M