One-Bedroom Apartment with
For Sale
$349,000
1300 ARMY NAVY DRIVE Unit 827, Arlington, VA 22202
A flexible sunroom adds bonus space to the apartment’s living area.
Property Size900 SF
Price / SF$387.78
Days on Market27
Property Features for 1300 ARMY NAVY DRIVE Unit 827
General Information
Standard status
Active
Size
900 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Arlington Ridge
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,060
Amenities
pool
common grounds
staffed lobby desk
secure building access
Building Details
Building Size
900 SF
Year Built
1965
Construction
high-rise
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Oct 2
Changed: Oct 27
Last Checked: Oct 26 at 12:38PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 900-square-foot apartment has one bedroom, one bathroom, a living area, kitchen, and sunroom. The sunroom offers additional flexible space, while the kitchen and main living area provide the core residential layout. The unit is in a high-rise community built in 1965, with reserved parking and storage options. The condo fee includes air conditioning, electricity, heat, and water.
Community features include a pool, maintained common grounds, a staffed lobby desk, and secure building access. The property is near the Pentagon, Pentagon City Metro, Pentagon Row, the Fashion Centre at Pentagon City, Crystal City, and Reagan National Airport. I-395, Route 1, I-66, and I-495 are among the listed commuter routes.
Community features include a pool, maintained common grounds, a staffed lobby desk, and secure building access. The property is near the Pentagon, Pentagon City Metro, Pentagon Row, the Fashion Centre at Pentagon City, Crystal City, and Reagan National Airport. I-395, Route 1, I-66, and I-495 are among the listed commuter routes.
Key Highlights
- 900‑square‑foot apartment with one bedroom, one bathroom, and a sunroom
- Condo fee includes air conditioning, electricity, heat, and water
- Community amenities include a pool, staffed lobby desk, and secure building access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,543
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,860
$270.9K
Cap Rate 7%
$193,471
$193.5K
Cap Rate 9%
$150,478
$150.5K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$25.9K $28.80/SF
− Vacancy
−$1.3K −$1.44/SF
EGI
$24.6K $27.36/SF
− OpEx
−$11.1K −$12.31/SF
NOI
$13.5K $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%
$270,860
Cap Rate 7%
$193,471
Cap Rate 9%
$150,478
Alternative Uses
Best Use
Apartment 5plus
$193.5K
$169.3K – $225.7K
NOI $13,543 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$499.9K
$437.4K – $583.2K
NOI $34,992 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Yes
Highway access
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A flexible sunroom adds bonus space to the apartment’s living area.
Where is this residential income property located?
The property is located at 1300 ARMY NAVY DRIVE Unit 827 Arlington, VA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 900‑square‑foot apartment with one bedroom, one bathroom, and a sunroom; Condo fee includes air conditioning, electricity, heat, and water; Community amenities include a pool, staffed lobby desk, and secure building access
