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The Avant 1201 N Quinn St 12 Unit Apartment Building $13,905,801 CAD ($1,158,817 CAD/Unit) Arlington, VA 22209
Investment Highlights
- The Avant Condominiums is minutes from both Rosslyn and Courthouse Metro stations
- This building will rent itself out in no time and provide an annual rent raise with little to no vacancies for years to come.
- This is the only mid-rise new construction condominium coming to the Arlington market in the second half of 2022.
Executive Summary
95% complete. Buyer must complete the finishes. Expected time: 90 days. Cost $500k. We have reputable GCs and local bank ready for you.
Property Facts
| Price | $13,905,801 CAD | Lot Size | 0.25 AC |
| Price Per Unit | $1,158,817 CAD | Construction Status | Under Construction |
| Sale Type | Investment | Building Size | 27,936 SF |
| No. Units | 12 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2026 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.13/1,000 SF |
| Building Class | B | ||
| Zoning | RA6-15 - Residential Apartments | ||
| Price | $13,905,801 CAD |
| Price Per Unit | $1,158,817 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.25 AC |
| Construction Status | Under Construction |
| Building Size | 27,936 SF |
| Average Occupancy | 0% |
| No. Stories | 5 |
| Year Built | 2026 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | RA6-15 - Residential Apartments |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Sundeck
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $3,476 CAD | 624 - 638 |
| 2+1 | 7 | $5,562 CAD | 994 - 1,049 |
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Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 17-038-029 | Improvements Assessment | $12,432,064 CAD |
| Land Assessment | $1,084,652 CAD | Total Assessment | $13,516,716 CAD |
Property Taxes
Parcel Number
17-038-029
Land Assessment
$1,084,652 CAD
Improvements Assessment
$12,432,064 CAD
Total Assessment
$13,516,716 CAD
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The Avant | 1201 N Quinn St
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