Home | Newsletter | Advertise
loading...

67-Unit Condo Conversion Coming to Courthouse in May

  • April 22nd 2013

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

67-Unit Condo Conversion Coming to Courthouse in May: Figure 1
Rendering of The Avery

A 67-unit apartment complex in Arlington has been purchased and is making the transition to condos, UrbanTurf has learned.

Silverwood Companies and investment partner Freedom Development have acquired the building, formerly Grayson Flats, at 1200 North Rolfe Street (map), and will re-christen it as The Avery, a condo project with sales starting next month.

The condos at The Avery will range in size from one-bedrooms up to 1,750-square foot two-bedrooms, and almost 90 percent will come with outdoor space. Prices will start in the $400,000s, and sales will be handled by The Mayhood Company.

While it is certainly not the first condo conversion in the area, the transition of the project from rental apartments to for-sale units was no doubt driven by the historically low housing inventory that the DC area is currently experiencing.

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/67-unit_condo_conversion_coming_to_courthouse/6964.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse