Download as pdf or txt
Download as pdf or txt
You are on page 1of 26

Offering Memorandum

1300 N Hudson Street


Rare Lyon Village Triplex
Contents
2
1. Title Page
3. Contents
4. Property Summary
6. Investment Highlights
9. Neighborhood
12. Photos
14. Floor Plans - Existing
17. Floor Plans - Potential
20. Financials
23. Comparables
CONTENTS 25. Contact
3
Property Summary
4
Property: Ownership:
1300 N Hudson Street Fee Simple
Arlington, VA 22201-5016

Neighborhood: Asking Price:


Lyon Village 2,450,000

Zoning: No. of Units:


R-5 (SFR/Duplex) 3

Current Use: Occupancy:


Triplex Delivered Vacant

Parcel No.: Year Built:


15 - 076 - 001 1940

Listing Agent:
Logan Mason
(703) 517-1394
OakIronRealEstate.com

5
Investment Highlights
6
This Property Three Units
is one of only Five (5) Legal (1) 4 bedroom / 2
triplexes remaining in bathroom / 2 levels
Arlington County (1) 2 bedroom / 1 bathroom
(1) 1 bedroom / 1 bathroom

Parking Structurally
Large off street parking lot Solid, and conveys with a
for Seven (7) cars new 50-year roof
Option to rent out entire
parking lot.
Parking lot was previously Options
Rented to Medical to renovate and rent as a
Building for $2,800/mo triplex, or rebuild as a new
Single Family or Duplex

Potential
Expand the basement to
add square footage and
reconfigure room layouts
to command top rents

7
STABLE ASSET VALUE-ADD
The property will provide New ownership has the
stable long-term income upon opportunity to add value
leasing. Historically low through improvements and
vacancy and high desirability. rental at market rates.

METRO ACCESS PARKING


The property is located a block Scarcity of nearby parking
from the Clarendon Metro provides an attractive benefit
Station in the esteemed Lyon to area renters. Potential to
Village neighborhood. lease full lot.

8
Neighborhood
9
LYON VILLAGE
Average Home Value Daily Traffic Count
$1,600,000+ 100,000+

Median HH Income Rent / Own


$157,256 68% / 32%

Population Walkability Score


6,381 (Subdivision) 81 (Very Walkable)
39,598 (Zip)

**All information is based on publicly available data and should not be relied upon. Buyers must perform their own due diligence**
10
Scan this code with
your phone's camera
for more information
about
Lyon Village
11
Photos
12
13
Floor Plans
Existing Unit Layouts
14
Existing Layouts

Unit 1 Unit 2 Unit 3


** All information is estimated/approximate. Buyers must perform their own due diligence with regards to the property **
15
Existing Layouts

Scan this QR Click Here to View


code or click the
link to explore a
3-D rendering of
the
Existing Layouts Tip: Use this icon to
switch between floors

** All information is estimated/approximate. Buyers must perform their own due diligence with regards to the property **
16
Floor Plans
Potential Unit Layouts
(Expansion + Reconfiguration)
17
Potential Layouts

Unit 1 Unit 2 Unit 3


** All information is estimated/approximate. Buyers must perform their own due diligence with regards to the property **
18
Potential New Layouts

Scan this QR
code or click the Click Here to View
link to explore a
3-D rendering of
the
Potential New Tip: Use this icon to
Layouts switch between floors

** All information is estimated/approximate. Buyers must perform their own due diligence with regards to the property **
19
Financials
20
** Buyers must perform their own due diligence in regards to the property and its financial performance **
There are no current leases on the property. Property will be delivered vacant. Parking lot was previously rented in its entirety to the ownership of
the medical building. The new owner can benefit from the demand for parking by residents of the new building across the street.
21
** Buyers must perform their own due diligence in regards to the property and its the financial performance **
22
Comparables
23
Address Type Beds Baths Sq.Ft. Price PPSF
1. 1300 N Hudson St Subject
2. 1501 N Garfield St SFR 3 3 1,254 $4,600 $3.67
3. 2831 11th St N TH 3 3.5 1,468 $4,975 $3.39
4. 2817 11th St N TH 3 3.5 1,582 $4,500 $2.84
5. 1506 N Garfield St SFR 4 2 1,880 $4,700 $2.50
6. 1616 N Garfield St SFR 4 3.5 2,429 $5,800 $2.39
7. 1220 N Fillmore St #707 Condo 2 2 1,022 $3,100 $3.03
8. 1205 N Garfield St #101 Condo 1 1 683 $2,100 $3.07

** Buyers must perform their own due diligence in regards to the property and its the financial performance **
24
Contact
25
PRESENTED BY
Oak & Iron Real Estate Co.
KW Capital Properties UNW/Tenleytown
4646 40th St NW, Washington, DC 20016
(202) 847 - 4466 (office)
(202) 888 - 1774 (team)
www.OakIronRealEstate.com

CONTACT
Listing Agent: Alt Agent:
Logan Mason Donald Bryant
(703)517-1394 (703)677-6473
Logan@OakIronRealEstate.com Donald@OakIronRealEstate.com
Keller Williams Realty, Inc., a franchise company, is an Equal Opportunity Employer and supports
the Fair Housing Act. Each Keller Williams office is independently owned and operated.

You might also like