Renovated Residential Income
For Sale
$575,000
Pending
5903 MOUNT EAGLE DRIVE Unit 1110, Alexandria, VA 22303
Renovated residence with a climate-controlled glass sunroom and broad views toward the Potomac River and regional landmarks.
Property Size1,160 SF
Days on Market110
Property Features for 5903 MOUNT EAGLE DRIVE Unit 1110
General Information
Standard status
Pending
Size
1,160 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$6,477
Amenities
private climate-controlled glass sunroom
dedicated laundry room
walking trails
gated community
Building Details
Building Size
1,160 SF
Year Built
1984
Listing Agency:
EXP Realty, LLC
Listed By:
Arshia Kia · License #0225228079
(571) 403-0202
Source:
Dcmetrorealtyteam
Added: Jul 4
Changed: Oct 14
Last Checked: Oct 21 at 6:39AM
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, LLC
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Investment Insights
Based on property information with market context.
This 1,160-square-foot residential income property is a renovated Montebello “E” model with solid wood flooring, stainless steel appliances, custom closets, upgraded bathrooms, and a Murphy bed. A private, climate-controlled glass sunroom extends the living experience and frames panoramic views toward the Potomac River, National Harbor, Old Town, Washington, D.C., Rosslyn, and Arlington. The residence also includes a dedicated laundry room with a full-size washer and dryer, along with reserved garage parking.
Montebello encompasses approximately 35 gated, wooded acres with resort-style amenities, walking trails, and a shuttle to Huntington Metro. The property is in Alexandria, Virginia, with access to Old Town, National Harbor, the Beltway, and Washington, D.C. Built in 1984, the home combines an updated interior with community features and regional views.
Montebello encompasses approximately 35 gated, wooded acres with resort-style amenities, walking trails, and a shuttle to Huntington Metro. The property is in Alexandria, Virginia, with access to Old Town, National Harbor, the Beltway, and Washington, D.C. Built in 1984, the home combines an updated interior with community features and regional views.
Key Highlights
- 1,160‑square‑foot renovated Montebello “E” model
- Private climate‑controlled glass sunroom with panoramic regional views
- Solid wood floors, stainless steel appliances, custom closets, and upgraded baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,782
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,640
$355.6K
Cap Rate 7%
$254,029
$254.0K
Cap Rate 9%
$197,578
$197.6K
Market Conditions
NOI Build-Up for 1,160 SF
Gross rent
$34.1K $29.40/SF
− Vacancy
−$1.8K −$1.53/SF
EGI
$32.3K $27.87/SF
− OpEx
−$14.5K −$12.54/SF
NOI
$17.8K $15.33/SF
Area
Alexandria, VA
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,640
Cap Rate 7%
$254,029
Cap Rate 9%
$197,578
Alternative Uses
Best Use
Apartment 5plus
$254.0K
$222.3K – $296.4K
NOI $17,782 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$644.3K
$563.8K – $751.7K
NOI $45,101 @ 7.0% cap · market cap 7.84%
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
639
Businesses Nearby
Explore this area
Business Placement
Demographics for 22303, VA
16,109
Population
8,669
Households
1.9
Avg Household Size
36
Median Age
61%
College-Educated
92%
High-School Grad
1.9 sq mi
ZIP Area
8,478
Density / Sq Mi
$103,822
Median Household Income
$69,699
Median Earnings
$2,050
Median Rent
$547,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated residence with a climate-controlled glass sunroom and broad views toward the Potomac River and regional landmarks.
Where is this residential income property located?
The property is located at 5903 MOUNT EAGLE DRIVE Unit 1110 Alexandria, VA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,160‑square‑foot renovated Montebello “E” model; Private climate‑controlled glass sunroom with panoramic regional views; Solid wood floors, stainless steel appliances, custom closets, and upgraded baths
