As described by DCLofts.com:
A new PN Hoffman building located on Thomas Circle near Massachusetts Ave. and 14th St., NW. The building has 126 open floor plan condo units with rooftop garden, resident lounge, retail, and garage parking. This is one of the first DC condo project to receive an official green building certification. Units originally priced between $250's to $450's.
Of the 126 units, the District recorded 94 sales in 2006. According to the District's real property assessment database, 27 units have not been sold. No condos at the Alta were flipped in 2006. I suspect the fact the units didn't close until late August 2006 caused the "investors" to miss the market.
Four new sales were recorded in January 2007 and one unit (#401) was flipped in January for a profit of $6,000, 118 days after the first sale was recorded; I seriously doubt that was a profitable experience. The owner of #808 is advertising his condo on craigslist for $599,900, having purchased it for $483,900 on October 16, 2006 with hopes of achieving a 24% return on his "investment" in less than five months. Interestingly, the developer of the Alta at Thomas Circle, PN Hoffman, is also selling a unit (#902) on craigslist for $399,000 in an ad with "***PRICE REDUCED***" in the ad's subject line.
Alta at Thomas Circle 1133 14th Street NW, DC, 20005
2006 sales and pricing data are presented in the table below:
Information about sales of individual condos can be found at DCCondoPrices.com.