Condominium With
For Sale
$282,500
4500 S FOUR MILE RUN DRIVE S Unit 811, Arlington, VA 22204
A separate den, private balcony, in-unit laundry, and a parking space accompany the one-bedroom residence.
Property Size856 SF
Price / SF$330.02
Days on Market13
Property Features for 4500 S FOUR MILE RUN DRIVE S Unit 811
General Information
Standard status
Active
Size
856 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Columbia Forest
Highway Access
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,260
Amenities
pool
tennis courts
fitness center
billiards room
club room
media room
concierge
in-unit laundry
private balcony
Building Details
Building Size
856 SF
Year Built
2005
Listing Agency:
UnionPlus Realty, Inc.
Listed By:
Wei-Hong Hong · License #0225099130
(240) 670-6680
Source:
Jackrealtygroup
Added: Oct 16
Changed: Oct 27
Last Checked: Oct 26 at 2:18PM
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 UnionPlus Realty, Inc.
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Investment Insights
Based on property information with market context.
This 856-square-foot condominium at The Brittany was built in 2005 and contains one bedroom, one bathroom, and a den beside the kitchen. Floor-to-ceiling windows frame views of Arlington, while a private balcony adds outdoor space. Storage includes two walk-in closets and a separate storage unit; laundry is located in the residence, and a parking space is included. The bedroom has luxury vinyl plank flooring, and the home has been freshly painted.
Building amenities include a pool, two tennis courts, a fitness center, billiards room, club room, media room, and 24-hour front desk service. Shirlington Village and the Four Mile Run trail are within walking distance. The property also has access to the Columbia Pike Corridor and I-395.
Building amenities include a pool, two tennis courts, a fitness center, billiards room, club room, media room, and 24-hour front desk service. Shirlington Village and the Four Mile Run trail are within walking distance. The property also has access to the Columbia Pike Corridor and I-395.
Key Highlights
- 856‑square‑foot, one‑bedroom condominium with a den and one bathroom
- Private balcony and floor‑to‑ceiling windows with Arlington views
- Two walk‑in closets, an additional storage unit, and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,881
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,620
$257.6K
Cap Rate 7%
$184,014
$184.0K
Cap Rate 9%
$143,122
$143.1K
Market Conditions
NOI Build-Up for 856 SF
Gross rent
$24.7K $28.80/SF
− Vacancy
−$1.2K −$1.44/SF
EGI
$23.4K $27.36/SF
− OpEx
−$10.5K −$12.31/SF
NOI
$12.9K $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%
$257,620
Cap Rate 7%
$184,014
Cap Rate 9%
$143,122
Alternative Uses
Best Use
Apartment 5plus
$184.0K
$161.0K – $214.7K
NOI $12,881 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$475.4K
$416.0K – $554.7K
NOI $33,281 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
933
Businesses Nearby
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Business Placement
Demographics for 22204, VA
52,761
Population
24,128
Households
2.2
Avg Household Size
35
Median Age
62%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
12,869
Density / Sq Mi
$109,277
Median Household Income
$73,091
Median Earnings
$1,871
Median Rent
$672,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A separate den, private balcony, in-unit laundry, and a parking space accompany the one-bedroom residence.
Where is this residential income property located?
The property is located at 4500 S FOUR MILE RUN DRIVE S Unit 811 Arlington, VA.
What is the asking price?
The asking price for this property is $282,500.
What are key features of this property?
This property features: 856‑square‑foot, one‑bedroom condominium with a den and one bathroom; Private balcony and floor‑to‑ceiling windows with Arlington views; Two walk‑in closets, an additional storage unit, and in‑unit laundry
