Tenant-Occupied
For Sale
$215,000
5927 QUANTRELL AVENUE Unit 204, Alexandria, VA 22312
A remodeled one-bedroom home has a balcony, off-street parking and access to laundry within the building.
Property Size726 SF
Price / SF$296.14
Days on Market84
Property Features for 5927 QUANTRELL AVENUE Unit 204
General Information
Standard status
Active
Size
726 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Landmark/Van Dorn
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Parking per Unit
2
Additional Details
Average Monthly Rent
$1,450
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,444
Amenities
laundry in building
balcony
Building Details
Building Size
726 SF
Year Built
1965
Tenancy
Single
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Diana L Geremia · License #0225176917
(703) 587-5403
Source:
Jackrealtygroup
Added: Aug 6
Changed: Oct 27
Last Checked: Oct 26 at 3:54PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 726-square-foot condominium has one bedroom and one bathroom and is located on the building’s second floor. Interior updates include laminate flooring, new lighting, kitchen cabinets, counters and appliances, along with renovated bathroom finishes and newer bedroom carpet. The windows have been replaced, and the home has newer paint. A balcony opens from the living room, and utilities are included in the condo fee.
The unit is occupied under a lease that runs through May 2027 and is subject to lease transfer. Two off-street parking spaces are provided, with laundry available in the building. Bus routes are nearby, and Van Dorn Metro is 1.5 miles away. Capitol Hill is 11 miles away.
The unit is occupied under a lease that runs through May 2027 and is subject to lease transfer. Two off-street parking spaces are provided, with laundry available in the building. Bus routes are nearby, and Van Dorn Metro is 1.5 miles away. Capitol Hill is 11 miles away.
Key Highlights
- 726‑square‑foot condo with one bedroom and one bathroom
- Current lease runs through May 2027; sale is subject to lease transfer
- Renovated kitchen and bathroom, with updated flooring, lighting and appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,129
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,580
$222.6K
Cap Rate 7%
$158,986
$159.0K
Cap Rate 9%
$123,656
$123.7K
Market Conditions
NOI Build-Up for 726 SF
Gross rent
$21.3K $29.40/SF
− Vacancy
−$1.1K −$1.53/SF
EGI
$20.2K $27.87/SF
− OpEx
−$9.1K −$12.54/SF
NOI
$11.1K $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%
$222,580
Cap Rate 7%
$158,986
Cap Rate 9%
$123,656
Alternative Uses
Best Use
Apartment 5plus
$159.0K
$139.1K – $185.5K
NOI $11,129 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$403.2K
$352.8K – $470.5K
NOI $28,227 @ 7.0% cap · market cap 13.13%
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
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,344
Businesses Nearby
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Business Placement
Demographics for 22312, VA
30,447
Population
11,191
Households
2.7
Avg Household Size
36
Median Age
53%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
5,970
Density / Sq Mi
$105,044
Median Household Income
$53,471
Median Earnings
$2,009
Median Rent
$593,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A remodeled one-bedroom home has a balcony, off-street parking and access to laundry within the building.
Where is this residential income property located?
The property is located at 5927 QUANTRELL AVENUE Unit 204 Alexandria, VA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 726‑square‑foot condo with one bedroom and one bathroom; Current lease runs through May 2027; sale is subject to lease transfer; Renovated kitchen and bathroom, with updated flooring, lighting and appliances
