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6858 Richmond Hwy 0.63 Acres of Residential Land in Alexandria, VA 22306
INVESTMENT HIGHLIGHTS
- Entertaining offers for Sale and JV
- Entitled for 52 units of affordable independent living
- Located in Fairfax County, Virginia
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Lot Size | 0.63 AC |
| Lot Size | 0.63 AC |
Beacon Hill is 0.63 acres of vacant land preliminarily entitled to develop 52 units of affordable independent living in the southeast corner of the existing 290-unit Beacon at Groveton at 6858 Richmond Highway in Alexandria, VA.
DESCRIPTION
Beacon Hill is located at 6858 Richmond Hwy, Alexandria, VA and is the vacant land located in the southeast corner of the 290-unit existing multifamily building known as the Beacon at Groveton. The site was formerly approved for a 70,000 SF office building but has been rezoned and preliminarily entitled to develop 52 one and two bedroom units of affordable independent living in a 55,751 SF LEED Silver building housing tenants restricted to earning between 30% and 60% of AMI and at least 60 years of age.
PROPERTY TAXES
| Parcel Number | 0931-01-0098A | Improvements Assessment | $0 |
| Land Assessment | $1,672,530 | Total Assessment | $1,672,530 |
PROPERTY TAXES
Presented by
6858 Richmond Hwy
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