One-Level Residential Income
8423 JINETES COURT Unit 193, Alexandria, VA 22309
For Sale
$290,000
An end-unit condo offers covered parking and distinct living and dining areas on one level.
Property Size900 SF
Price / SF$322.22
Days on Market105
Property Features for 8423 JINETES COURT Unit 193
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Highway Access
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Samson Properties
Listed By:
Guillermo J Barbosa · License VA #0225097433
(571) 437-2832
Source:
Irvinrealtyllc
Added: Jul 29
Changed: Nov 9
Last Checked: Nov 9 at 9:20PM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This 900-square-foot end-unit townhouse condominium has two bedrooms, one bathroom, and a one-level layout. The interior includes a living room and separate dining area, with a covered parking space. The property was built in 1972.
The residence is in Alexandria, with access to shopping, dining, public transportation, and major commuter routes. Bus service connects to Huntington Metro Station on the Yellow Line. Richmond Highway (U.S. Route 1) and the George Washington Memorial Parkway are nearby, as are George Washington’s Mount Vernon Estate and other local landmarks.
The residence is in Alexandria, with access to shopping, dining, public transportation, and major commuter routes. Bus service connects to Huntington Metro Station on the Yellow Line. Richmond Highway (U.S. Route 1) and the George Washington Memorial Parkway are nearby, as are George Washington’s Mount Vernon Estate and other local landmarks.
Key Highlights
- Two‑bedroom, one‑bathroom townhouse condominium
- 900 square feet with a one‑level layout
- End‑unit position with covered parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,796
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,920
$275.9K
Cap Rate 7%
$197,086
$197.1K
Cap Rate 9%
$153,289
$153.3K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$26.5K $29.40/SF
− Vacancy
−$1.4K −$1.53/SF
EGI
$25.1K $27.87/SF
− OpEx
−$11.3K −$12.54/SF
NOI
$13.8K $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%
$275,920
Cap Rate 7%
$197,086
Cap Rate 9%
$153,289
Alternative Uses
Best Use
Apartment 5plus
$197.1K
$172.5K – $229.9K
NOI $13,796 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$499.9K
$437.4K – $583.2K
NOI $34,992 @ 7.0% cap · market cap 12.07%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Explore this area
Business Placement
Demographics for 22309, VA
33,773
Population
13,082
Households
2.6
Avg Household Size
38
Median Age
44%
College-Educated
86%
High-School Grad
7.5 sq mi
ZIP Area
4,503
Density / Sq Mi
$101,556
Median Household Income
$47,738
Median Earnings
$1,749
Median Rent
$539,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An end-unit condo offers covered parking and distinct living and dining areas on one level.
Where is this residential income property located?
The property is located at 8423 JINETES COURT Unit 193 Alexandria, VA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bathroom townhouse condominium; 900 square feet with a one‑level layout; End‑unit position with covered parking
