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Multifamily

Ravensworth

Annandale, VA

219 Units

Built in 1973

Value Add

Investment Highlights

  • UNITS POISED FOR RENOVATION & CONVERSION - Full renovation with den conversion driving $250–$275/month rent premiums across 1- and 2-bedroom units
  • 95%+ OCCUPIED | 70%+ RENEWAL RETENTION | <0.5% CONCESSIONS & MINIMAL BAD DEBT - Durable in-place performance with no concession reliance and consistent renewal demand
  • PREMIER NORTHERN VIRGINIA INFILL LOCATION - Annandale offers unmatched access to the region's largest employment, retail, and lifestyle destinations

Exclusively listed by

  • Robert G. Dean

    Senior Managing Director Investments

    Washington, D.C., MD

    (202) 536-3772

    rdean@ipausa.com

    Washington, D.C., MD

    License(s): MD: 5013691, DC: SP98377025, VA: 0225262193

  • Jonathan Greenberg

    Senior Managing Director Investments

    Washington, D.C., MD

    (202) 536-3771

    jgreenberg@ipausa.com

    Washington, D.C., MD

    License(s): DC: SP102482

Broker of Record

Brian Hosey

Senior Managing Director, Market Leader- Mid-Atlantic

(202) 536-3700

License(s): VA: 0225247494

Virginia

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