67-Unit Condo Conversion Coming to Courthouse in May

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.
See other articles related to: the avery, dclofts, courthouse, arlington condos, arlington condo buyers, arlington
This article originally published at http://dc.urbanturf.com/articles/blog/67-unit_condo_conversion_coming_to_courthouse/6964
Most Popular... This Week • Last 30 Days • Ever

An analysis by UrbanTurf found that there were 15 neighborhoods in DC where the media... read »

The project is the first Rosslyn high-rise that will include affordable units.... read »

Data shows that DC is 40% of the way to reaching the 36,000-by-2025 goal — but stil... read »

Another 7-Eleven site redevelopment is (back) in the works — this time in downtown... read »

Tysons Corner also comes in tenth nationwide in number of apartments built since 2016... read »
- DC Has Its Most Million-Dollar Neighborhoods on Record
- Arlington County Approves 740-Apartment Ames Center Site Redevelopment
- 14,400 Units: DC is Nearly Halfway to Meeting 2025 Housing Production Goals
- Same Team, Different Development: 450 Units Proposed for Downtown Bethesda Site
- 2,562 New Units: Tysons Tops DC Suburbs in Apartments Built
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. Visit guides.urbanturf.com or start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro