Furnished Studio
For Sale
$145,000
1121 ARLINGTON BOULEVARD Unit 734, Arlington, VA 22209
The furnished residence includes a full kitchen, bathroom, and building access to shared recreation and fitness amenities.
Property Size383 SF
Price / SF$378.59
Days on Market161
Property Features for 1121 ARLINGTON BOULEVARD Unit 734
General Information
Standard status
Active
Size
383 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Radnor/Fort Myer Heights
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x studio
Multifamily Units
1
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$1,299
Amenities
concierge service
front desk
gated security
security patrol
controlled building entrance
gym
steam room
sauna
free yoga classes
party room
billiard room
pool
hot tub
picnic areas with bar-b-que grills
playground
River Place Park
on site hair salon
international coffee shop
convenient mini market
Building Details
Building Size
383 SF
Year Built
1955
Listing Agency:
Samson Properties
Listed By:
Mass Farzan · License #0225221471
(703) 965-6900
Source:
Jackrealtygroup
Added: May 28
Changed: Oct 27
Last Checked: Nov 4 at 7:53AM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This furnished studio apartment measures 383 square feet and includes a main living area, full kitchen, bathroom, and closet storage. The building dates to 1955. Heat, gas, electricity, air conditioning, water, and sewer are included in the cooperative fee.
Residents have access to a concierge, controlled entry, security patrol, elevators, a fitness center with steam room and sauna, pool, hot tub, party and billiards room, and picnic areas with grills. The property also has a hair salon, coffee shop, and mini market. Rosslyn Metro station, served by the Blue, Orange, and Silver lines, is within walking distance. Restaurants, shopping, trails, Georgetown, and universities are also described as a short walk away.
Residents have access to a concierge, controlled entry, security patrol, elevators, a fitness center with steam room and sauna, pool, hot tub, party and billiards room, and picnic areas with grills. The property also has a hair salon, coffee shop, and mini market. Rosslyn Metro station, served by the Blue, Orange, and Silver lines, is within walking distance. Restaurants, shopping, trails, Georgetown, and universities are also described as a short walk away.
Key Highlights
- Furnished studio with 383 square feet, a full kitchen, bathroom, and closet storage
- Heat, gas, electricity, air conditioning, water, and sewer included in the cooperative fee
- Building constructed in 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,763
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$115,260
$115.3K
Cap Rate 7%
$82,329
$82.3K
Cap Rate 9%
$64,033
$64.0K
Market Conditions
NOI Build-Up for 383 SF
Gross rent
$11.0K $28.80/SF
− Vacancy
−$552 −$1.44/SF
EGI
$10.5K $27.36/SF
− OpEx
−$4.7K −$12.31/SF
NOI
$5.8K $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%
$115,260
Cap Rate 7%
$82,329
Cap Rate 9%
$64,033
Alternative Uses
Best Use
Apartment 5plus
$82.3K
$72.0K – $96.1K
NOI $5,763 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$212.7K
$186.1K – $248.2K
NOI $14,891 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,499
Businesses Nearby
Explore this area
Business Placement
Demographics for 22209, VA
14,859
Population
9,261
Households
1.6
Avg Household Size
33
Median Age
86%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
21,227
Density / Sq Mi
$110,824
Median Household Income
$83,221
Median Earnings
$2,171
Median Rent
$799,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The furnished residence includes a full kitchen, bathroom, and building access to shared recreation and fitness amenities.
Where is this residential income property located?
The property is located at 1121 ARLINGTON BOULEVARD Unit 734 Arlington, VA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Furnished studio with 383 square feet, a full kitchen, bathroom, and closet storage; Heat, gas, electricity, air conditioning, water, and sewer included in the cooperative fee; Building constructed in 1955
