202-302-9742
2401 Arlington Blvd, Charlottesville, VA for Sale
Apartments - FOR SALE
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2401 Arlington Blvd
Charlottesville, VA 22903
West Charlottesville


HIGHLIGHTS

  • Exceptional Property Level Fundamentals - 100% occupied, no concessions, 11% YoY organic rent growth(15.6% trade outs, 6.7% renewals)
  • Irreplaceable location adjacent to UVA Law and Darden Business schools, and a short walk to JPJ Arena, Barrack Road Shopping Center
  • Proximity to campus drive premium rents and high demand from student orientated tenants

OVERVIEW

Walker & Dunlop Investment Sales, LLC (“WDIS”) is pleased to present The Jeffersonian, an exceptional investment opportunity in the heart of Charlottesville, VA. Consisting of 83 units, The Jeffersonian stands out as excellent value-add opportunity that is currently achieving double-digit rent growth and compelling property fundamentals. Located in the highly sought-after Barracks Road neighborhood, The Jeffersonian offers the perfect blend of classic charm and unbeatable accessibility in Charlottesville, VA. Students and professionals alike flourish in this premier location, just walking distance— to the University of Virginia's Law School, Darden School of Business, and the main campus. The community of 83 units provides residents with a tranquil retreat that is also steps away from local life. Residents have the convenience of walking to the Barracks Road Shopping Center that contain over 60 stores for groceries, dining, and specialty shops. The combination of The Jeffersonian’s exceptional value-add upside, prime Charlottesville location and high barriers to entry, all within a strong multifamily submarket makes this an extremely rare investment opportunity.

FOR SALE DETAILS

PRICE

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# OF UNITS

83

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Jeffersonian

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1968

PARKING SPACES

118

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,090 SF

ZONING

NX-10

APN/PARCEL ID

060001900

ASK ABOUT THIS PROPERTY

Scott DoyleWalker & DunlopMore Info
202-302-9742

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Scott DoyleWalker & DunlopMore Info
202-302-9742

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.