Log In/Sign Up
Your email has been sent.
Beverly Hills Court 300-302 W Glebe Rd 26 Unit Apartment Building For Sale Alexandria, VA 22305
Executive Summary
The Opportunity
Beverly Hills Court is a 26-unit garden-style building at 300-302 W. Glebe Road in Alexandria's Beverly Hills neighborhood. The three-story brick building offers 8 studios and 18 one-bedrooms, each with private balconies and 38 surface parking spaces. The property is 96.2% occupied, with individual HVAC and separately metered electric and gas reducing owner utility expenses.
Value-Add Potential
In-place rents average $1,440 against an achievable market rent of $1,702, a gap of $262 per unit. Studios are running $297 below market (24% upside) and one-bedrooms are $253 below market (17% upside). A measured interior renovation program implemented on natural turnover provides a straightforward, capital-efficient path to drive incremental NOI.
Walkable Amenities & Convenient Location
Beverly Hills Court is positioned along W. Glebe Road Del Ray's Mount Vernon Avenue is 0.5 miles away, offering a dense mix of independent restaurants, cafes, specialty retailers, and a year-round Saturday farmers market. Potomac Yard Shopping Center is 0.8 miles away, Old Town Alexandria is under 2 miles, and nearby parks including Four Mile Run and Shirlington further enhance livability.
Transit Accessibility & Connectivity
Multiple Metrobus routes stop directly in front of the building, providing frequent service to the Pentagon, Crystal City, Reagan National Airport, and Amazon HQ2. The Potomac Yard/Virginia Tech Metro Station on the Blue and Yellow Lines is 1.2 miles away, and Reagan National Airport is just 2.3 miles, reachable in under 6 minutes by car.
Employment Center Abound
The property sits within close proximity to some of the region's largest employment hubs, including Amazon HQ2 (2 mi), Crystal City (1.5 mi), and the Pentagon (2.7 mi). The National Landing corridor supports over 50,000 daytime workers, and Northern Virginia is home to roughly 15 Fortune 500 headquarters spanning defense, technology, consulting, and professional services.
Favorable Demographics
Alexandria boasts one of the most affluent renter profiles in the Washington metro area, with median household income within 1 mile exceeding $198,000 and average household income exceeding $256,000. Comparable properties in the immediate area average 96% occupancy, and constrained new supply combined with continued National Landing investment supports durable long-term rental demand.
Beverly Hills Court is a 26-unit garden-style building at 300-302 W. Glebe Road in Alexandria's Beverly Hills neighborhood. The three-story brick building offers 8 studios and 18 one-bedrooms, each with private balconies and 38 surface parking spaces. The property is 96.2% occupied, with individual HVAC and separately metered electric and gas reducing owner utility expenses.
Value-Add Potential
In-place rents average $1,440 against an achievable market rent of $1,702, a gap of $262 per unit. Studios are running $297 below market (24% upside) and one-bedrooms are $253 below market (17% upside). A measured interior renovation program implemented on natural turnover provides a straightforward, capital-efficient path to drive incremental NOI.
Walkable Amenities & Convenient Location
Beverly Hills Court is positioned along W. Glebe Road Del Ray's Mount Vernon Avenue is 0.5 miles away, offering a dense mix of independent restaurants, cafes, specialty retailers, and a year-round Saturday farmers market. Potomac Yard Shopping Center is 0.8 miles away, Old Town Alexandria is under 2 miles, and nearby parks including Four Mile Run and Shirlington further enhance livability.
Transit Accessibility & Connectivity
Multiple Metrobus routes stop directly in front of the building, providing frequent service to the Pentagon, Crystal City, Reagan National Airport, and Amazon HQ2. The Potomac Yard/Virginia Tech Metro Station on the Blue and Yellow Lines is 1.2 miles away, and Reagan National Airport is just 2.3 miles, reachable in under 6 minutes by car.
Employment Center Abound
The property sits within close proximity to some of the region's largest employment hubs, including Amazon HQ2 (2 mi), Crystal City (1.5 mi), and the Pentagon (2.7 mi). The National Landing corridor supports over 50,000 daytime workers, and Northern Virginia is home to roughly 15 Fortune 500 headquarters spanning defense, technology, consulting, and professional services.
Favorable Demographics
Alexandria boasts one of the most affluent renter profiles in the Washington metro area, with median household income within 1 mile exceeding $198,000 and average household income exceeding $256,000. Comparable properties in the immediate area average 96% occupancy, and constrained new supply combined with continued National Landing investment supports durable long-term rental demand.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Building Size | 23,460 SF |
| No. Units | 26 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1963 |
| Apartment Style | Low-Rise | Parking Ratio | 1.62/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.90 AC | ||
| Zoning | RA | ||
| Sale Type | Investment |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 23,460 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.62/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RA |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- Laundry Facilities
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 015.01-03-01 | Improvements Assessment | $3,008,146 CAD |
| Land Assessment | $3,012,065 CAD | Total Assessment | $6,020,211 CAD |
Property Taxes
Parcel Number
015.01-03-01
Land Assessment
$3,012,065 CAD
Improvements Assessment
$3,008,146 CAD
Total Assessment
$6,020,211 CAD
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Beverly Hills Court | 300-302 W Glebe Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.