Two-Bedroom Residential
New
For Sale
$289,000
6300 STEVENSON AVENUE Unit 1009, Alexandria, VA 22304
Residents have access to concierge service, fitness facilities, pools, and a sauna, with utilities included except electricity.
Property Size1,062 SF
Days on Market3
Property Features for 6300 STEVENSON AVENUE Unit 1009
General Information
Standard status
Active
Size
1,062 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Parking per Unit
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,701
Amenities
concierge service
fitness center
pools
sauna
gazebo with grilling area
dog parks
storage units
private balcony
Building Details
Building Size
1,062 SF
Year Built
1980
Listing Agency:
Corcoran McEnearney
Listed By:
Martha D Floyd · License #0225161933
(703) 408-9478
Source:
Dcmetrorealtyteam
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 2:10AM
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 Corcoran McEnearney
Investment Insights
Based on property information with market context.
This higher-floor residence has two bedrooms, two baths, an updated kitchen and bathrooms, a private balcony, and substantial storage. A large picture window brings in treetop views and sunset outlooks. One covered parking space and an additional parking permit are included; guest parking is also available. Extra storage units may be used at no additional cost, subject to availability.
Building amenities include concierge service, a fitness center, pools, a sauna, a gazebo with a grilling area, and dog parks. Utilities are included except electricity. Metrobus service is available at the building entrance, with Old Town Alexandria nearby and Inova Alexandria Hospital a short drive away.
Building amenities include concierge service, a fitness center, pools, a sauna, a gazebo with a grilling area, and dog parks. Utilities are included except electricity. Metrobus service is available at the building entrance, with Old Town Alexandria nearby and Inova Alexandria Hospital a short drive away.
Key Highlights
- Two bedrooms and two baths, with an updated kitchen and bathrooms
- Private balcony and large picture window with treetop and sunset views
- Covered parking space plus an additional parking permit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,280
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,600
$325.6K
Cap Rate 7%
$232,571
$232.6K
Cap Rate 9%
$180,889
$180.9K
Market Conditions
NOI Build-Up for 1,062 SF
Gross rent
$31.2K $29.40/SF
− Vacancy
−$1.6K −$1.53/SF
EGI
$29.6K $27.87/SF
− OpEx
−$13.3K −$12.54/SF
NOI
$16.3K $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%
$325,600
Cap Rate 7%
$232,571
Cap Rate 9%
$180,889
Alternative Uses
Best Use
Apartment 5plus
$232.6K
$203.5K – $271.3K
NOI $16,280 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$589.9K
$516.1K – $688.2K
NOI $41,291 @ 7.0% cap · market cap 14.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,572
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Residents have access to concierge service, fitness facilities, pools, and a sauna, with utilities included except electricity.
Where is this residential income property located?
The property is located at 6300 STEVENSON AVENUE Unit 1009 Alexandria, VA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two bedrooms and two baths, with an updated kitchen and bathrooms; Private balcony and large picture window with treetop and sunset views; Covered parking space plus an additional parking permit
