Renovated Condo With Skyline
New
For Sale
$749,900
1101 S ARLINGTON RIDGE ROAD S #804, Arlington, VA 22202
A two-bedroom home pairs a private balcony with two garage spaces and extensive building amenities.
Property Size1,603 SF
Price / SF$467.81
Days on Market3
Property Features for 1101 S ARLINGTON RIDGE ROAD S #804
General Information
Standard status
Active
Size
1,603 SF
Total Parking Spaces
2
Property subtype
Apartment
Site & Location
Neighborhood
Arlington Ridge
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
24-hour concierge
resort-style swimming pool
modern fitness center
library
business center
newly renovated party/event room
bike storage
Building Details
Year Built
1976
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Tolga M Alper · License #0225211460
(202) 256-9081
Source:
Cummingsrealtors
Added: Oct 30
Changed: Oct 31
Last Checked: Nov 1 at 4:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC
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Investment Insights
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This renovated condominium offers 1,603 square feet with two bedrooms and two remodeled bathrooms. An open kitchen connects to the living space, while the primary suite includes a soaking tub and separate glass-enclosed shower. A private balcony overlooks Washington, including the U.S. Capitol and Washington Monument. Two underground garage spaces and two interior storage units add practical convenience; a separate laundry room includes a pantry and sink.
The Representative provides a 24-hour concierge, swimming pool, fitness center, library, business center, bike storage, and event room. The building is three blocks from the Washington Metro Pentagon City station and four blocks from Amazon HQ2. Fashion Centre at Pentagon City, Pentagon Row, Whole Foods Market, and Harris Teeter are also nearby. A bus stop is adjacent to the building, with the Pentagon within walking distance.
The Representative provides a 24-hour concierge, swimming pool, fitness center, library, business center, bike storage, and event room. The building is three blocks from the Washington Metro Pentagon City station and four blocks from Amazon HQ2. Fashion Centre at Pentagon City, Pentagon Row, Whole Foods Market, and Harris Teeter are also nearby. A bus stop is adjacent to the building, with the Pentagon within walking distance.
Key Highlights
- 1,603‑square‑foot condominium with two bedrooms and two remodeled bathrooms
- Private balcony with views of the U.S. Capitol, Washington Monument, and D.C. skyline
- Two underground garage spaces and two interior storage units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,122
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,440
$482.4K
Cap Rate 7%
$344,600
$344.6K
Cap Rate 9%
$268,022
$268.0K
Market Conditions
NOI Build-Up for 1,603 SF
Gross rent
$46.2K $28.80/SF
− Vacancy
−$2.3K −$1.44/SF
EGI
$43.9K $27.36/SF
− OpEx
−$19.7K −$12.31/SF
NOI
$24.1K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,440
Cap Rate 7%
$344,600
Cap Rate 9%
$268,022
Alternative Uses
Best Use
Apartment 5plus
$344.6K
$301.5K – $402.0K
NOI $24,122 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$890.4K
$779.1K – $1.04M
NOI $62,325 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,324
Businesses Nearby
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Business Placement
Demographics for 22202, VA
28,472
Population
18,110
Households
1.6
Avg Household Size
35
Median Age
84%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
7,301
Density / Sq Mi
$141,933
Median Household Income
$92,818
Median Earnings
$2,448
Median Rent
$838,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom home pairs a private balcony with two garage spaces and extensive building amenities.
Where is this residential income property located?
The property is located at 1101 S ARLINGTON RIDGE ROAD S #804 Arlington, VA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 1,603‑square‑foot condominium with two bedrooms and two remodeled bathrooms; Private balcony with views of the U.S. Capitol, Washington Monument, and D.C. skyline; Two underground garage spaces and two interior storage units
