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Property profile & analytics
FOR LEASE
High-rise multifamily apartments
3110 Mount Vernon Ave Alexandria, VA 22305
Entity Owned
5-yr Hold
Free & Clear
Property ID
US87-0866345
For Lease
1 / 2
Contact for pricing
3110 Mount Vernon Ave, Alexandria, VA 22305
View Listing →
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1962
Total area
339,778 SF
Lot
3.5 ac (152,460 SF)
Zoning code
CRMU-M - COMM/RESD MIXED
APN
15458000
UPID
US87-0866345
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
-
Kelly Cove Mobility Construction Company General Contractor
-
Del Ray Tower at Fuse Real Estate Agency
-
Richard J. Nash Piano Lessons Tutoring Service Training Center
-
Infinity Media USA LLC Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$135.64M
Owner & transaction history
3110 Mount Vernon LLC · 5 yrs held
3110 Mount Vernon LLC
since 2020
Last sale
$145.0M
5 recorded transactions
Zoning & alternative use
CRMU-M - COMM/RESD MIXED · Alexandria, 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 Alexandria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alexandria 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
Method
Estimation
Statistic approach
$172,420,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$135.64M
Range $122.07M – $149.20M · ±10% · vs last sale $145.00M (Oct 1 2020)
Last sale anchor
$145.00M
Oct 1 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$399 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,357,319
Tax year 2023
Assessed value
$122,281,000
Assessed 2023
Previous assessed
$124,661,000
-1.9% YoY
Effective rate
1.11%
On assessed value
Assessed land
$15,770,000
Assessed improvement
$106,511,000
Land market value
$15,770,000
Improvement market value
$106,511,000
Total market value
$122,281,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
For Lease
Year built
1962
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
16
Total area
339,778 SF
Lot
3.5 ac (152,460 SF)
Zoning code
CRMU-M - COMM/RESD MIXED
APN
15458000
UPID
US87-0866345
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CRMU-M - COMM/RESD MIXED · Alexandria, VA
Zoning CRMU-M - COMM/RESD MIXED · permitted uses
CRMU-M - COMM/RESD MIXED · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alexandria. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
HEAT PUMP
Cooling
Yes
Stories
16
Buildings
2
Lot
3.5 ac
Current owner
From public records · entity-resolved
3110 Mount Vernon LLC
Entity
Free & Clear · 5 yrs held
Mailing address
3110 MT VERNON AVE APT #606, ALEXANDRIA, VA 22305-2646
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2020
$145,000,000
3110 Mount Vernon LLC
Udr Calvert LLC
Grant Deed
—
Jan 23, 2008
—
Udr Calvert LLC
Udr Calvert LLC
Quit Claim Deed
related
—
Jan 23, 2008
$9,000,100
Udr Calvert LLC
Protestant Episcopal Theologic
Grant Deed
related
—
Dec 22, 2006
—
Protestant Episcopal Theological
Elen C Calvert Testamentary
Grant Deed
related
—
—
—
Adrienne P Hinds
—
Deed Of Trust
related
$30,000 · Debra Bairdain
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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