Mezza
US - Jacksonville, FL
440 Einheiten
Objektbeschreibung
1987 vintage, 282-unit property located in the heart of Fairfax, Virginia. The Property features 62 unrenovated units (22% of unit mix) and 220 previously upgraded units (78% of unit mix, completed predominantly between 2014-2017). Arbors at Fair Lakes presents the opportunity for a comprehensive renovation strategy and possesses immense achievable upside and value-add potential through in-unit, common area, and amenity renovations. Current in-place rents are ~20% below newer vintage, market-leading competition, providing for substantial headroom for rental rate growth.
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Eigenschaften
Anzahl der Einheiten
282 Einheiten
Vermietungsstand
97,00 %
Baujahr
1987
Gebäudefläche Netto
23.596 m²
Grundstücksfläche netto
8,48 Hektar (84.782 m²)
Medien
Investment-Highlights
- Premier Northern Virginia Location with Significant Value-Add Upside
- Strong Historical & Current Property Performance: 9.5% Growth on Last 20 New Leases, 7.9% Growth on Last 20 Renewals
- Strategically Positioned in the Epicenter of NoVa’s Employment Hubs
- Highly Amenitized Micromarket Surrounded by 5.3 MSF of Retail
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Arbos at Fair Lakes (0 Objekte)
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Zuletzt aktualisiert
24. Mai 2023
