1-Bedroom Condo with
For Sale
$239,900
1300 ARMY NAVY DRIVE Unit 320, Arlington, VA 22202
Updated plank flooring, organized closet storage, and assigned covered parking complement the unit’s private outdoor space.
Property Size660 SF
Price / SF$363.48
Days on Market80
Property Features for 1300 ARMY NAVY DRIVE Unit 320
General Information
Standard status
Active
Size
660 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Arlington Ridge
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,589
Amenities
private balcony
Building Details
Building Size
660 SF
Year Built
1965
Listing Agency:
Redfin Corporation
Listed By:
Jenny Canales · License #0225192899
(703) 499-0111
Source:
Jackrealtygroup
Added: Aug 10
Changed: Oct 27
Last Checked: Oct 26 at 2:56PM
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 Redfin Corporation
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 660-square-foot, one-bedroom condo features plank flooring, a private balcony, and a customized closet system. The unit is in a building constructed in 1965 and includes one assigned covered parking space. The condo fee covers gas, electricity, water, sewer, and trash.
The property is minutes from Pentagon City Metro, Fashion Centre at Pentagon City, Amazon HQ2, and area restaurants and retailers.
The property is minutes from Pentagon City Metro, Fashion Centre at Pentagon City, Amazon HQ2, and area restaurants and retailers.
Key Highlights
- 660‑square‑foot, one‑bedroom condo
- Private balcony and plank flooring
- Custom closet system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,932
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,640
$198.6K
Cap Rate 7%
$141,886
$141.9K
Cap Rate 9%
$110,356
$110.4K
Market Conditions
NOI Build-Up for 660 SF
Gross rent
$19.0K $28.80/SF
− Vacancy
−$950 −$1.44/SF
EGI
$18.1K $27.36/SF
− OpEx
−$8.1K −$12.31/SF
NOI
$9.9K $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%
$198,640
Cap Rate 7%
$141,886
Cap Rate 9%
$110,356
Alternative Uses
Best Use
Apartment 5plus
$141.9K
$124.2K – $165.5K
NOI $9,932 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$366.6K
$320.8K – $427.7K
NOI $25,661 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Updated plank flooring, organized closet storage, and assigned covered parking complement the unit’s private outdoor space.
Where is this residential income property located?
The property is located at 1300 ARMY NAVY DRIVE Unit 320 Arlington, VA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 660‑square‑foot, one‑bedroom condo; Private balcony and plank flooring; Custom closet system
