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Two-Bedroom Condominium with Balconies
For Sale
$255,000

6101 EDSALL ROAD Unit 1007, Alexandria, VA 22304

Community features include a pool, tennis courts, fitness center, sauna, and 24-hour security.

Property Size1,408 SF
Days on Market8

Property Features for 6101 EDSALL ROAD Unit 1007

General Information

Standard status Active
Size 1,408 SF
Property subtype Unit/Flat/Apartment

Property Condition

Severity Repairs Needed
Evidence renovate

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,130

Amenities

lobby
concierge service
pool
hot tub
tennis courts
fitness center
sauna
party room
24-hour security
in-unit laundry
balcony
storage room

Building Details

Building Size 1,408 SF
Year Built 1975
Listing Agency: RE/MAX Allegiance
Listed By: Brian A Block · License #0225063025
Source: Dcmetrorealtyteam
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 13 at 3:34AM

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 RE/MAX Allegiance

Investment Insights

Based on property information with market context.

This 10th-floor Alexandria Knolls condominium has two bedrooms, two full baths, and multiple balconies. The living and dining area connects to a private balcony, while the galley kitchen includes pantry space. The primary bedroom features two walk-in closets, a private bath, and balcony access; the second bedroom also opens to a balcony. An in-unit laundry area and dedicated storage room add functional space. The residence is offered as-is and would benefit from updating. The building dates to 1975.

Community amenities include an outdoor pool, hot tub, tennis courts, fitness center, sauna, party room, concierge service, and 24-hour security. The property is in Alexandria, near shopping, dining, parks, recreation, and major commuter routes.

Key Highlights

  • Two bedrooms and two full baths on the 10th floor
  • Multiple balconies, including one off the living and dining area
  • Primary bedroom has two walk‑in closets, a private bath, and balcony access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,583
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,660 $431.7K
Cap Rate 7%
$308,329 $308.3K
Cap Rate 9%
$239,811 $239.8K
Market Conditions
NOI Build-Up for 1,408 SF
Gross rent
$41.4K $29.40/SF
− Vacancy
−$2.2K −$1.53/SF
EGI
$39.2K $27.87/SF
− OpEx
−$17.7K −$12.54/SF
NOI
$21.6K $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%
$431,660
Cap Rate 7%
$308,329
Cap Rate 9%
$239,811

Alternative Uses

Best Use
Apartment 5plus
$308.3K
$269.8K – $359.7K (±1% cap)
NOI $21,583 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$782.0K
$684.3K – $912.4K (±1% cap)
NOI $54,743 @ 7.0% cap · market cap 21.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Back to Basics Manners Training Center Alexandria Knolls West Condominium Complex

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,307
Businesses Nearby

Demographics for 22304, VA

49,237
Population
24,654
Households
2
Avg Household Size
37
Median Age
59%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
10,258
Density / Sq Mi
$97,629
Median Household Income
$64,929
Median Earnings
$1,934
Median Rent
$496,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Community features include a pool, tennis courts, fitness center, sauna, and 24-hour security.
Where is this residential income property located?
The property is located at 6101 EDSALL ROAD Unit 1007 Alexandria, VA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two bedrooms and two full baths on the 10th floor; Multiple balconies, including one off the living and dining area; Primary bedroom has two walk‑in closets, a private bath, and balcony access
More about this property
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