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313 - 319 2ND AVE, Quantico, VA 22134
313 - 319 2ND AVE, Quantico, VA 22134
313 - 319 2ND AVE, Quantico, VA 22134
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Listed by Michael Porterfield • Tartan Properties, Inc.
$1,580,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID VAPW2110964

Style Other

Year Built 1945

Annual Tax Amount $4,257

Tax Year 2025

Lot Dimensions 0.00 x 0.00

Property Sub-Type Other

Source BRIGHT

Property Description

Harbor View Apartments is a 16-unit multifamily asset consisting of two eight-unit buildings, ideally located steps from Marine Corps Base Quantico—one of the most stable rental demand drivers in the region. The property totals approximately 8,000 SF, offering investors predictable cash flow supported by military/government tenancy, consistent occupancy, and measurable expense efficiency.

Operations are streamlined with tenant-paid electric and gas while ownership covers water, minimizing utility exposure and improving expense control. Ownership has also made ongoing system upgrades including multiple HVAC replacements, furnace and water heater installations, and interior turnover improvements, supporting reduced near-term capex needs and smoother asset management for the next owner.

With an in-place NOI of ±$102,811, Harbor View provides a strong entry yield at the asking basis, with runway for value creation through unit modernization and incremental rent growth. This acquisition presents an opportunity to step into a well-maintained, cash-flowing asset in a supply-constrained market with sticky tenant demand and minimal new rental product delivery in the immediate area.

Location

State VA

County Prince William

Zoning T1

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Septic

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Prince William County Public Schools

Others

Tax ID 8287-86-9621

Ownership Other

Special Listing Condition Standard


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Nearby Locations

Saad Jamil
Arslan Jamil

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