Auction Information

Rare Investment Opportunity - 12-Unit

Wed Jun 12 - 12:00PM


649 Notabene Drive, Alexandria, VA Click to Map


Tranzon Key

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Auctioneer ID#: 6378

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Rare Investment Opportunity - 12-Unit Apartment Building in Alexandria VA Great location near Reagan National Airport, National Landing (Amazon) and Potomac Yard Twelve 1-bedroom, 1-bath units Fully Leased - Immediate cashflow This 12-unit apartment building is located in Alexandria Virginia, just a short drive from Reagan National Airport, National Landing and Potomac Yard. The project consists of twelve, 1-bedroom, 1-bathroom apartments with a gross annual income of $204,000. The building itself is a 3-story, garden style apartment building with a gross building area of 7,038 square feet set upon a 17,518 square foot lot. Originally constructed in 1940, it was completely renovated in 1990. The property is zoned RA/Multifamily. Parcel ID#: 16319500 2024 Tax Assessment: $2,022,884 2023 Annual Taxes: $20,781 Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere. License Number: VAAF423

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