Back to Search
Property profile & analytics
OFF-MARKET
High-rise multifamily apartments
1550 Clarendon Blvd Arlington, VA 22209-2794
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-0739748
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1986
Total area
179,758 SF
Lot
0.29 ac (12,500 SF)
Zoning code
RA4.8
APN
17-006-001
UPID
US87-0739748
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Arlington Apartments on Clarendon Apartment Complex Apartment Building
-
Phantom Technologies Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Cortland Arlington Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Clarendon Va Partners LLC · 4 yrs held
Clarendon Va Partners LLC
since 2022
Last sale
$100.4M
6 recorded transactions
Zoning & alternative use
RA4.8 · Arlington, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$674,343
Tax year 2024
Assessed value
$60,696,900
Assessed 2024
Previous assessed
$48,842,200
+24.3% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,582,900
Assessed improvement
$57,114,000
Land market value
$3,582,900
Improvement market value
$57,114,000
Total market value
$60,696,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1986
Heating
NONE
Units
184
Total area
179,758 SF
Lot
0.29 ac (12,500 SF)
Zoning code
RA4.8
APN
17-006-001
UPID
US87-0739748
Jurisdiction
ARLINGTON
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RA4.8 · Arlington, VAZoning RA4.8 · permitted uses
RA4.8 · Arlington, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Units
184
Lot
0.29 ac
Current owner
From public records · entity-resolved
Clarendon Va Partners LLC
Entity
Mailing address
3424 PEACHTREE RD NE STE #300, ATLANTA, GA 30326-2818
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2022
$100,400,000
Clarendon Va Partners LLC
Arlington Assets LLC
Special Warranty Deed
$59,950,000 · Hsbc Bank USA
Jan 17, 2019
$70,000,000
Arlington Assets LLC
Archstone Oakwood Arlington Ll
Quit Claim Deed
related
—
Mar 1, 2013
—
Archstone Oakwood Arlington Ll
—
Deed Of Trust
related
$497,923,403 · Federal National Mortgage Assn
Oct 19, 2007
—
Tishman Speyer Archstone-smith
Archstone-smith Operating
Quit Claim Deed
related
$47,280,000 · Lehman Brothers Bank Fsb
Sep 13, 2005
$10
Archstone-smith Operatin Trust
Kip Properties LLC
Grant Deed
related
—
—
—
Archstone Oakwood Arlington Ll
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1550 Clarendon Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
