Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,990,000
High-rise multifamily apartments
1800 Jonathan Way Reston, VA 20190-3592
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0809101
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1985
Total area
560,356 SF
Lot
4.33 ac (188,534 SF)
Zoning code
PRC(RESIDENTIAL DEVELOPME
APN
017-2-01-0024
UPID
US87-0809101
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.99M
Owner & transaction history
Athena Of Renaissance Reston LLC · 11 yrs held
Athena Of Renaissance Reston LLC
since 2015
7 recorded transactions
Zoning & alternative use
PRC(RESIDENTIAL DEVELOPME · Reston, 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 Reston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reston 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
$7 / SF
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
$1,937,638
Tax year 2024
Assessed value
$141,899,520
Assessed 2024
Previous assessed
$138,845,990
+2.2% YoY
Effective rate
1.37%
On assessed value
Assessed land
$18,662,400
Assessed improvement
$123,237,120
Land market value
$18,662,400
Improvement market value
$123,237,120
Total market value
$141,899,520
Applied tax rate
105.0000
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
1985
Heating
NONE
Stories
14
Total area
560,356 SF
Lot
4.33 ac (188,534 SF)
Zoning code
PRC(RESIDENTIAL DEVELOPME
APN
017-2-01-0024
UPID
US87-0809101
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PRC(RESIDENTIAL DEVELOPME · Reston, VA
Zoning PRC(RESIDENTIAL DEVELOPME · permitted uses
PRC(RESIDENTIAL DEVELOPME · Reston, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Stories
14
Lot
4.33 ac
Current owner
From public records · entity-resolved
Athena Of Renaissance Reston LLC
Entity
Free & Clear · 11 yrs held
Mailing address
11161 NEW HAMPSHIRE AVE STE #200, SILVER SPRING, MD 20904-2606
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2025
—
Dallas Sabo Heil
—
Deed
related
$35,000 · Homebridge Financial Services INC
Mar 2, 2015
—
Athena Of Renaissance Reston LLC
Comcast Of Virginia LLC
Quit Claim Deed
related
—
Dec 21, 2012
—
Athena Of Renaissance Reston LLC
—
Deed Of Trust
related
$85,000,000 · Capital One Fin'l
Oct 5, 2005
$273,400
Miguel A Perez
Athena Of Renaissance Reston LLC
Grant Deed
$218,720 · Countrywide Home Loans INC
Sep 30, 2005
$331,900
Jay E Wang
Athena Of Renaissance Reston LLC
Grant Deed
$265,520 · Countrywide Home Loans INC
May 31, 2005
$242,900
Kevin M Cook
Athena Of Renaissance Reston LLC
Grant Deed
$194,320 · Countrywide Home Loans INC
May 25, 2005
$250,569
Gordon Heddell
Athena Of Renaissance Reston LLC
Grant Deed
$200,400 · Premier Mortgage
Sep 27, 2004
$83,100,000
Athena Of Reniassance Reston LLC
Mmit Properties Partnership
Grant Deed
$79,500,000 · Barclays Capital Real Estate INC
—
—
Athena Of Renaissance Reston LLC
—
Loan Modification
related
$70,439,596 · Miscellaneous Ins Co
—
—
Jennifer I Obmasca
—
Deed Of Trust
related
$284,279 · Bac Home Loans Servicing LP
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 1800 Jonathan Way?
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.
