1121 Arlington Blvd Unit 743, Arlington, VA 22209

Property Description

# TENANT-OCCUPIED ONE-BEDROOM CO-OP WITH BALCONY AND GARAGE PARKING SPACE — RIVER PLACE, ROSSLYN This 716-square-foot, one-bedroom, one-bathroom co-op at River Place features a private balcony with sweeping views of Arlington and includes a separately leased garage parking space. Both the apartment and parking space are tenant-occupied, providing immediate rental income. ## APARTMENT — N743 The apartment features a private balcony with sweeping views of Arlington, an updated kitchen with granite countertops and stainless-steel appliances, including a new refrigerator, luxury vinyl plank flooring, and a newer ceiling fan. The apartment is leased through July 31, 2027, at $1,900 per month. Monthly financials: - Rental income: $1,900 - Co-op fee: $730 (includes electricity, gas, and water) - Property taxes: $176.19 - Estimated insurance: $20 - Total anticipated expenses: $926.19 - **Anticipated net monthly income: $973.81** ## GARAGE PARKING — MP-028 Included in the offering is MP-028, a garage parking space in the North-East Garage, with an estimated value of $8,000. The parking space is separately leased through January 11, 2027, at $145 per month. Monthly financials: - Rental income: $145 - Parking fee: $82.93 - **Net monthly income: $62.07** ## COMBINED INVESTMENT SUMMARY - Asking price: $154,995 - Total monthly rental income: $2,045 - Total anticipated monthly expenses: $1,009.12 - **Total anticipated net monthly income: $1,035.88** - **Total anticipated annual net income: $12,430.56** - **Anticipated annual cash return: 8.02%** The anticipated annual cash return assumes an all-cash purchase at the asking price, with both properties rented at their current rates for 12 months. Calculations exclude closing costs, vacancies, repairs, maintenance, and other unanticipated expenses. ## RIVER PLACE COMMUNITY River Place is a gated cooperative community in Rosslyn, Arlington, offering a variety of amenities, including an outdoor swimming pool, jacuzzi, fitness center, sauna, steam room, outdoor grilling area, community party room, bicycle storage, large laundry room, concierge services, secure package handling, and 24-hour gated security. The community is approximately a five-minute walk from the Rosslyn Metro station, served by the Orange, Silver, and Blue Lines, providing convenient access to Washington, DC, the Pentagon, Reagan National Airport, Tysons, and surrounding areas. Nearby shopping, dining, and services include Safeway, Target, CVS, Chipotle, District Taco, and numerous other establishments. Both the apartment and parking space are currently leased, providing rental income from two separate tenants. ## IMPORTANT INFORMATION FOR PROSPECTIVE PURCHASERS All information, including rental income, operating expenses, property details, and financial projections, is provided for informational purposes only and is believed to be accurate but is not guaranteed. Expenses, fees, taxes, rental income, and other circumstances may change. The anticipated annual cash return is an estimate based on the stated assumptions and is not a guarantee of future performance or profitability. Prospective purchasers are encouraged to independently verify all information, review the applicable leases and cooperative documents, conduct their own due diligence, and perform their own financial calculations to determine whether this investment meets their individual objectives. No representation or warranty is made regarding future rental income, occupancy, expenses, investment returns, or appreciation.