The Washington herald., 1909-05-30
MTNTWOOD SELLS
A SECOND TINE
1t Is Not Yet Completed or
Ready for Occupants.
PAY DIVIDENDS
They Attract Good Class of Tenants
and Are Well Adapted 20 Family
Life in Washington - Building
Operations Go Forward at Rapid
Pace-Nany sales Reported.

One Of the real estate operations Of /
the week was the sale OF the Mintwood /
apartment house. in Mintwood place,
between Connecticut avenue and Nine +
teenth street. for S75000- = feature Of the /
deal Is that the property has been sold (
twice y Ehiie in process Of erection, and {
is not yet completed and ready for oc-
cupancy.
The Mintwood apartment house is be-
ing erected by John Nolan, and IS FIVE
stories high and contains TWENTY-FIVE I
apartments. It was sold a few weeks
ago TO ". P. Fenneu The purchaser !
In the second deal was Byrd Level. Of
Boston. Va. who wiz hold it as an in
vestmenL
Another large deal Of the week was
the exchange Of the Westover apartment
house for the building IN X street occu-
pied for the last ten years or more By
the Department OF Justice IN this deal
Mrs. Halliday becomes the owner OF the
X street building and Mr.. Schneider
takes over the apartment house In the
announcement Of the transactions the
value OF the apartment was put al 800
000 and the K street building at $4,000
a cash bonus representing the difference
in values
Apartments suit washinEtOnians.
These transactions. involving two large
apartment houses IN one week. call at
tenucn 20 the frequency with which this
class OF property changes hands Apart
ments in washington are valuable prop
ert:es. alike from the original cost OF
their construction and their inoOme-earn-
ing power For the latter reason they
are much sought after by investors; and
within the past year the sales of these
big buildings have probably averaged
one a week Some q them have been
sold twice or three times within a year
each tine AZ something Of an advance.
Apartments number more than 500 IL
Washington. and permits for new ones
are taken out every month IN the year.
Builders fnd little difficulty IN financing
the building Of them. and frequently
they are disposed Of before completion.
Living in apartments suits. IN a par
ticUlar way. the family life % the CAPITAL
City. 4 large portion OF the population
is IN some way connected with the gov
eminent work Members OF Congress.
many of them. fine the apartment best
suited 20 their tastes Heads Of depart
ments ard their sGbordnates, many OF
them. dwell n apartments Many families
OF the permanent residents also prefer
the COY quarters OF the apartment, and
the result IS that these buildings seldom
want tenants. IN some OF them the wait
z 49, 49, -arrr 4
by removal These conditions keep the
/ apartments fun and up 20 the limit Of
/ their earning capacity. making them one
/ OF the best investments in Washington
Building Operations Active.
/ Building operations. to which frequent
/ reference has been made IN these col
umns. is progressing az a great pace he
/ ports from the Office OF the Inspector of
| buildings are 70 the effect that the Office
is rushed with applications for permits.
/ The issue Of licenses for May has been
/ heavy. and promises 10 be even larger
( In the month Of June
/ Operations started earlier in the year
/ are reaching completion. and houses IN
all parts OF the District are now receiv-
! ing their occupants. IN the business sec
I
/ Evans Building. IN New York avenue. be-
/ tween Fourteenth and Fifteenth streets,
Is nearly ready for its tenants. The new
Office building az Grant Place and .Sinti'
street has Been started II F street
/ G street. Seventh street, and PenDsyl-
vania avenue considerable building is
I going forward. some OF Il in the way OF
/ remodelinC old structures. but Il is Oi
/ sufficient volume TO indicate the genera
drift toward the gradual replacing Of old
time buildings By new and better places
OF business
Sales by Moore & Hill.
Moore & Hn report the following sales
for the week:
Eleven houses Of the new row at the
corner OF Rock Creek Church road and
Seventh street. in the Petworth subdi-
vision, which were placed on sale last
! Saturday. All of these houses were pur-
chased as homes with the exception OF
one.
The seni-detached dwelling at 1924 Bit
more street. Washington Heights, ths
residence Of William A. Hill. This Is one
OF the group Of houses erected by Harry
Wardman about three years ago. Ths
Z is
to reside IN this house. The considera-
ton was sl5000. Mr.. Hiil expects to take
i possession OF his house. which he is erect
ing in Connecticut avenue beyond Ihe new
Connecticut avenue bridge
For Francis A Blun6on the house al
fff9 Eighth street northeast, which Is one
Of the row OF new houses recently erected
by Mr.. Biundon on the corner Of Eight
street and Florida avenue northeast: also
for W X Haxton. 1916 Gales street north
east
4 One OF the nevy Cleveland Park resi-
! dences in Macornb street, west Of Connec-
ticut avenue. The price was $3.50.
The three-story dwelling 3o2S Cambridge
place northwest for Mrs. Margaret c
King: FOR Kennedy Brothers, 1722 Lamont
street, Mount Pleasant, for S11.75e; fcI
Mrs. Annie P Gaynor. the three-story
residence 1923 [ street northwest, and 70,
Thomas " Stockard, the three-story
dwelling 1871 Oregon avenue northwest
HANDLER & Co.'S Sales.
H. F. Mandler Company report salei
for the week as follows:
For Mr.. Heider, acreage tract adjoining
Wisconsin Avenue Park on the north
Consideration, SSS.000.
To James Madore three lots IN Wis
consln Avenue Park, upon which a hand
souse home IS being erected
. To G. Attic, an eleven-acre farm II
Prince George County
To Mr. Hayes. q bungalow and thre'
lots In Rhode Island Avenue Terrace.
, To H 3 Wilson, a lot fifty-three fee
! front on Thirteenth street, between elf
ton and Euclid streets. The new owne
intends to improve same.
To DIT. Reeves, two lots in Rhode Islan,
Avenue Terrace. to be improved by at
tractive cottages.
To W. .. Peck. trustee. 5Z3 Twenty-firs
street northwest, improved By a six-roon
dwelling
To Thomas NJ Riley, two lots IN Wis
: consin Avenue Park, 10 be improved b,