The Towns of Abingdon Place in Washington

Name: 📣 300$ — discount certificate
Start: 2020-09-08T07:07:35.092991+00:00
End: 2023-12-31T23:59:59+0000
Location: The Towns of Abingdon Place

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Construction

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Project info

Object ID: 9123

Finished at	August 2020
Price, m²	From 41282$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Floors	4
Apartments	19
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Ronald Reagan Washington National Airport 9 min Braddock Road 11 min Crystal City 13 min Pentagon 17 min King Street – Old Town 19 min Farragut West 21 min Pentagon City 21 min Farragut/West 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

1,238,460$

Net profit

5,906$

Payback period

152.8 years

Avg property value increase per year

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About the project

Discover Abingdon Place – where modern luxury townhomes flow seamlessly into stunning, historic Old Town Alexandria. Tree-lined streets, a showstopping waterfront, top restaurants and boutiques await. Moments from Washington, DC and Reagan National Airport, find a private enclave with thoughtful contemporary touches.

Each three-bedroom luxury townhome features an open-concept layout, rooftop terrace, in-home elevator, and a two-car garage providing a functional framework to these beautifully designed homes that fit perfectly with the architecture of Old Town Alexandria.

Developer

Madison Homes was started in 1992 in McLean, Virginia by Russell Rosenberger and Milton Schneiderman – two veterans of the homebuilding indu…
Details about Madison Homes