Alexandria, VA

by James Cullum October 7, 2020 at 2:45 pm 0

Amazon is giving an additional $1 million to Alexandria and other local families impacted by COVID-19 to help pay for urgently needed items, including food, school supplies and clothing.

The money is in Amazon’s Right Now Needs Fund, which is available for all 18 Alexandria City Public Schools, as well as all 41 Arlington Public Schools.

Back in March, Amazon donated $200,000 to ACT for Alexandria’s COVID-19 response fund as part of a separate $1 million donation across the region.

“The start of this school year has been difficult for many families across our new home of Northern Virginia, and we are determined to provide support to the students who need it most,” said Jay Carney, Amazon Senior Vice President, Global Corporate Affairs in a statement. “At Amazon, we are always looking for innovative solutions to tough challenges, and we are confident that the flexibility and speed built into our new Right Now Needs Fund will help ensure that more students from underserved communities can focus on their studies, and not fall behind as the COVID-19 pandemic continues.”

Amazon says that social workers and site coordinators will identify students needs, and that Education Assistance Product Vouchers will be given out as a prepaid payment to help with food, school supplies and clothing.

“By using the prepaid vouchers, students and families can redeem much-needed items in a dignified and convenient way,” Amazon said in a release.

This school year alone, Amazon also gave Northern Virginia students Mi-Fi devices, and donated $1 million for local emergency response efforts.

Photo via ACPS/Facebook

by James Cullum March 18, 2020 at 2:00 pm 0

Amazon has given $200,000 to ACT for Alexandria’s COVID-19 response fund as part of a $1 million donation that the company is making to the region.

“The funds received by ACT will be used to support the nonprofits providing services to Alexandrian’s who are hardest hit by the COVID-19 outbreak,” ACT CEO Heather Peeler told ALXnow.

“The human service needs, economic impact and strains on our critical services will be with us long into the future,” Mayor Justin Wilson said. “We have a resilient community and this contribution will help bring our City and our resident back stronger than ever.”

On Saturday, the Alexandria City Council allocated $100,000 in matching emergency funds to the ACT Now COVD-19 Response Fund with a goal of raising $200,000 so that nonprofits in the city can apply for and receive grants.

Council also approved an allocation of $20,000 to ALIVE! to buy bulk food equivalent to 17,000 meals. ALIVE! is currently working with the city and buying food to support the city should deliveries need to be made to people under quarantine without food reserves at home.

Amazon is contributing $1M to the DMV to support our community during the COVID-19 crisis. ACT is pleased to…

Posted by ACT for Alexandria on Wednesday, March 18, 2020

Thanks to Amazon.com for providing critical financial support to the ACT for Alexandria COVID-19 Response fund. Please contribute today to support the many in need in our community due to this crisis.

Posted by Justin Wilson on Wednesday, March 18, 2020

The full press release is below the jump:

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by Vernon Miles November 7, 2019 at 3:20 pm 1 Comment

There are nearly half as many homes available for sale in Alexandria as the year before, according to city officials.

A complicated mix of reasons is behind the decline, but one reason looms above others: Amazon.

“Amazon announced its arrival one year ago,” said David Howell, executive vice president for McEnearney Associates. “Since then, we’ve seen 46% fewer listings in Alexandria and 44% in Arlington… The inventory began to shrink literally the day after the announcement.”

At a City Council retreat on Saturday, marking the launch of the budget cycle, City Manager Mark Jinks highlighted the scarcity of homes for sale in Alexandria.

“Active listings a year ago were 450,” Jinks said. “There are only 208 active listings in June 2019. There’s not a lot of inventory on the market for people to purchase. There’s a lot of speculation about what that means. Are people not selling because they think they’ll be able to get more? Are people not purchasing because they can’t? There’s so much uncertainty.”

Jinks explained to the Council that many homeowners who might otherwise be selling their properties are holding out in hopes that Amazon will increase the home value.

“Do I sell my home now or wait another couple years with Amazon coming will I get ten percent more or 20 percent more?” Jinks asked, hypothetically. “It’s a lot of speculation for what may or may not happen. There is not a lot of property for sale and a lot of speculation about why.”

Both Howell and Jinks said there are other factors at play both nationally and locally.

“Interest rates are low and the region is growing,” Jinks said. “There’s a demand for residential, as we’ve seen, but we’re not seeing price appreciation. At almost any other time like this, we would have seen single-family homes and townhomes move up appreciably, and we haven’t seen it. Some of the speculation is that people with student loan debt [make it] harder for people to afford the ownership market.”

While student loan debt could keep people from buying homes, Howell said he doubted that would impact the sellers. More likely, Howell said it’s a result of some after-effects of the housing bubble burst a decade ago.

“The big lesson is people aren’t selling for speculative reasons after the bust,” Howell said. “Appreciation is more modest and sustained because people are buying where they want to live rather than using the home as an ATM. People are staying put.”

Howell also said many of those homeowners were able to lock in low mortgage rates.

“We will see a sustained low inventory over time,” Howell. “That’s true nationally, but in Arlington and Alexandria especially.”

File photo

by Vernon Miles November 7, 2019 at 9:30 am 2 Comments

Alexandria is taking another look at the future of Arlandria and Del Ray and how those communities can weather the planned urbanization of the “National Landing” area.

This fall, the city is launching its community engagement for plans to update the 2005 Mount Vernon Avenue Business Plan and the 2003 Long-Term Vision and Action Plan for the Arlandria Neighborhood. The city cites the nearby arrival of Amazon, the Virginia Tech Innovation Campus, and the North Potomac Yard Metro station as looming developments that could start to change the character of the residential and commercial communities to the west.

Neighbors and organizations in and around the area are invited to offer feedback to help identify the most important community issues and start to build a framework for the new plans — which will start taking shape next year.

At a joint meeting of Arlington and Alexandria, city officials recognized that there was frequent difficulty in getting responses from communities most prone to the effects of gentrification, so several of the outreach events are focused on going out into the community and interviewing residents rather than relying on those residents and business leaders to come to meetings.

The first event will be this Saturday, Nov. 9, from 8:30 a.m.-1 p.m. at Simpson Field (500 E. Monroe Avenue). City staff will be out at the field talking with local residents and will move up and down Mount Vernon Avenue to speak with people in stores and markets, according to the city’s website.

Additional outreach events are planned throughout November and December.

A community conversation for Arlandria is scheduled for Thursday, Nov. 21, from 6-8 p.m. at Cora Kelly Elementary School (3600 Commonwealth Avenue). The meeting will be held in Spanish with English translation available.

A similar meeting for Del Ray is scheduled for Dec. 12 from 6:30 p.m.-8 p.m. at Mount Vernon Community School (2601 Commonwealth Avenue), this one in English with Spanish translation available.

Staff photo by Jay Westcott

by Sponsor October 9, 2019 at 12:45 pm 2 Comments

This week’s Q&A column is sponsored and written by Jillian Keck Hogan of Jillian Keck Hogan Real Estate Group and McEnearney Associates Realtors®, the leading real estate firm in Alexandria. To learn more about this article and relevant Alexandria market news, contact Jillian at 703-951-7655 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: We have been reading all the headlines, but what really is the “Amazon Effect”?

Answer: The buzz of Amazon is something we have all been hearing and there is some truth to the stories being published, BUT as it relates to real estate, the effects are very situational with price point, condition and location.

We have been reading all the same publications, and we completely understand if all the news is making you a bit nervous as to when the best time will be to purchase or sell your home. Home prices have been increasing, but that is true of every year since 2010. There is a good chance you might be competing on a listing against another buyer, but that has been a possibility over the last 9 years, as well.

Here is a bit of advice from our COO, David Howell, at McEnearney Associates, Inc.: “Sell when you are ready to sell, and buy when you are ready to buy.”

The Most Competitive Markets

Now, competing as a purchaser is always a possibility in any price point. This is driven by a seller’s strategy. Some sellers can choose to market their home under the going market price in order to move a home sooner versus later. This does not mean the sellers are in distress or the property is falling apart. Sellers do this at times just to make their move easier and faster.

The Amazon Effect — in this case, the comparatively low number of homes on the market — has been the most notable in Alexandria and Arlington in price points under $900,000.

What Does That Mean?

Virginia selling tactics and competition have been progressively picking up, following the trend we see with the D.C. market having grown hotter and hotter over the last 5-7 years with increased new construction. With many agents in our area being licensed in D.C. and Virginia, the strategies to win out on a competing situation used in Virginia began to mimic what D.C. licensed agents had been doing for years: Escalating in price, waiving inspections (or completing them before the offer was submitted), and taking on more risk during the appraisal contingencies.

Sellers have a bit more control in negotiations and receiving multiple bids on their home over list price. As a buyer, this could mean that you write a few more offers, but do know that this does not mean you have to “overpay” for a home.

Overall

The Amazon Effect is nothing that our DMV has not seen before. If you are looking to purchase under the $900,000 price point, be assured that it is very possible to buy a great home at a great price when going in with a strong strategic offer. And sellers in this same price point, be sure to still give your home all the best finishing touches to show well and review your neighborhood comparable sales before selecting your final price.

No, home prices have not doubled — but you are in a very fortunate position to be getting some of the highest prices ever in your neighborhood and you can receive offers with less contingencies which otherwise could have cost you more money.

If you would like a question answered in our weekly column or to set up an appointment with one of our Associates, please email: [email protected] or call 703-549-9292.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314. www.McEnearney.com Equal Housing Opportunity. #WeAreAlexandria

by Vernon Miles October 2, 2019 at 10:35 am 4 Comments

In a rare joint meeting of top Alexandria and Arlington officials, the two communities laid the foundation for a closer collaboration on affordable housing.

Alexandria Mayor Justin Wilson and the City Council met with the Arlington County Board last night (Tuesday) at Arlington’s Gunston Community Center after Wilson’s proposal to meet on a flotilla of lashed-together kayaks in Four Mile Run was shot down. There was very little set in stone at the meeting, but the gathering allowed both organizations to set priorities for policy goals as they prepare for Amazon’s HQ2, the new Virginia Tech Innovation Campus, and a new George Mason University School of Computing.

“The work around Potomac Yard is different and groundbreaking,” Wilson said. “If we’re not intentional and deliberate, things will just happen to us. We have a chance to get ahead of things. I’m hoping to set a course that our staff can get to work on all of these policy areas.”

“I’m very excited for this step,” Wilson continued. “This is the start of a journey for us and there are a lot of folks rooting for us.”

There was some early discussion of new governing bodies being established to facilitate collaborative efforts across local boundaries. Arlington County Board Chair Christian Dorsey raised the possibility of establishing a community development corporation — a 501c3 with he described as being capable of a great deal of flexibility. The idea, however, was tabled for the time being.

“There are a few different concepts that have been tried elsewhere and have been put in place in our respective communities,” said Dorsey. “We can have a variety of governance models with a broad representation of stakeholders. There is an endless number of configurations we can use and get all the benefits of an independent nonprofit.”

For the most part, the two governing bodies mingled seamlessly — though frequent, joking barbs were traded back and forth, with Arlington at one point threatening to annex Del Ray. Both organizations shared almost identical concerns about the upcoming arrival of Amazon, particularly on the headquarters’ impact on local affordable housing.

Councilwoman Redella “Del” Pepper said many of Alexandria’s most vulnerable populations feel that the loss of affordable housing in the region is a foregone conclusion and some were starting to flee Alexandria before rising costs pushed them out.

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by Sponsor October 7, 2020 at 12:45 pm 0

This week’s Q&A column is written by Ann McClure of McEnearney Associates Realtors®, the leading real estate firm in Alexandria. To learn more about this article and relevant market news, contact Ann at 301-367-5098 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: What is the top contributor to household wealth?

Answer: The top contributor to wealth in the United States IS homeownership, according to the National Association of REALTORS®. Unsure of taking your statistics from a trade organization? Well, U.S. Census researchers found that the biggest determinants of household wealth are owning a home, followed by a retirement account.

Visit the most recent “Survey of Consumer Finances” conducted every three years (last in 2019) by the Board of Governors of the Federal Reserve System — a federal agency and HQ of the nation’s central bank. They’re tasked with surveying the public to gain an understanding of the financial condition of U.S. households and to study the effects of our ever-changing economy. They consistently share data that the net worth of a homeowner is more than 40x greater than that of a renter!

No matter where you look, the data unwaveringly shows that buying starts most consumers on a path toward financial freedom. Of course, there are other ways — but buying property “forces” an owner into saving. As a homeowner makes their mortgage payment each month, they slowly realize gains in equity. While markets do ebb and flow, holding a property for long enough also means realizing gains in equity as values rise.

But, buying a home can be ridiculously challenging in our region. A buyer must go in with eyes wide open and a good strategy to make the most of this herculean effort. The good news? Buying is not impossible. The equity gains and tax write-offs start early on in ownership and continue. Plus, in a pandemic year when people want more control of their space, it may now even be among the strategies for staying healthier — who knew that would be a benefit of homeownership?

So, what does a buying strategy look like? The founder of McEnearney Associates, John McEnearney said that the three most important things to consider when buying are: Location, location, location. Buy where others want to buy or where you see upward trends. Yes, that means competition, but once in, it means greater gains.

Look at Alexandria and Arlington right now — the “Amazon Effect” has made inventory a trickle of what it once was (in fact, to look at it graphically, the stranglehold following the November 2018 announcement about HQ2 is very obvious). There’s a mad scramble of contract activity for good property. Imagine throwing breadcrumbs into an over-crowded duck pond and be careful not to lose your hand!

Start by meeting with a good realtor and locally-based loan officer (personally, I believe in the power of referrals to locally-based businesses — ask friends and family who they used). Read, listen and learn. Buying a home is a process, like anything else, and there are LOTS of moving parts.

Carefully analyze your income. Consider not only the mortgage, but potential maintenance or repair costs and rising utility and property tax costs. When meeting with a loan officer, instead of asking what you’re approved to purchase, back into the numbers — share what you’re comfortable paying monthly and then see what that, paired with your down payment, will buy you.

Think about your lifestyle… Consider commuting options and travel along with nearby major arteries/transportation hubs. While traffic is less than it used to be, it’s still a big factor. Do you like to be closer to the city and able to mosey over to the local coffee shop to enjoy a socially-distant cup of java with friends? Maybe you enjoy birdsong while looking over a generous lawn and watching the sun rise and deer meander. Don’t buy where you’ll hate living — trust your instincts. Stats and facts are great, but you need to like living there and coming home to what makes you feel happy and restored.

I’ve heard it argued that buying means a loss of freedom — you can’t just pick up and go. What’s great about owning in Northern Virginia and the D.C. Metro area is that you often CAN just pick up and go. We’re in a very transient area — people come and go all the time — whether that means a need for short-term rentals, or the longer-term lease…

Contractors, military, state department, researchers and others move here regularly and need housing. What if the little condo you bought becomes a money-making investment for you while you channel your inner David Letterman and leave the big city for a fly-fishing adventure in Whitefish, Montana?

Buying is good. The process is hard, but worth it. It gives you options and financial freedom and that investment in your future is nearly priceless!

Ann McClure is a licensed real estate agent in Virginia and Maryland with McEnearney Associates, Inc. If you would like more information on selling or buying in today’s complex market, contact Ann at 301-367-5098 or visit her website AnnMcClure.com.

If you would like a question answered in our weekly column or to set up an appointment with one of our Associates, please email: [email protected] or call 703-549-9292.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314. www.McEnearney.com Equal Housing Opportunity. #WeAreAlexandria

by Sponsor September 29, 2020 at 12:45 pm 0

Address: 305 Charles Alexander Court
Neighborhood: Colonial Park
Listed: $2,850,000

Expansive home with ample space to work, educate and entertain. Located only 7 miles from the Capitol and minutes from Reagan National Airport, Crystal City/Amazon HQ2 and the Metro, 305 Charles Alexander Court, known as “Mount Ida” stands on a hill in the tradition of a neoclassical mansion and possesses distant views of the Potomac River and the hills of Washington, D.C.

Architectural changes over the years have incorporated the classical tradition including plaster over masonry interior walls, high ceilings, antique chandeliers, arched doorways, Beaux Arts paneling and moldings, plaster friezes and a spectacular entryway, all the while including such modern amenities as a gourmet, eat-in kitchen with semi-precious granite counter tops, top of the line appliances, renovated bathrooms and a gas generator.

These features combined with generous off-street parking and elegant, spacious rooms provide an ideal setting for entertaining while maintaining the warmth and comfort of a home that is perfect for daily living. Expansive outdoor areas are perfect for entertaining during the pandemic while following social distancing guidelines and enjoying the gardens.

The property sits in the neighborhood with the Alexandria Country Day School and is only three blocks from the St. Stephens and St. Agnes lower school. NO SIGN ON PROPERTY

Listed by:
Maria J. Smith
Arlington Realty, Inc.
(703) 987-0954 (C)
(703) 836-6000 (O)
[email protected]

by Sponsor September 25, 2020 at 12:45 pm 0

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Welcome Back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria, Virginia. I, along with my two rock-star team members, Sue Kovalsky and Micki MacNaughton, have more than 35 years of experience in real estate and sold over $103 million in 2019.

This week, our Just Listed properties feature three stunning homes throughout Alexandria! To start, is this incredible, updated, spacious and full of light home in Braddock Heights!

This colonial beauty has it all! Completely updated and renovated in 2019 — all new roof and trusses, systems, kitchen, bathrooms, screened porch and a redesigned layout. The main level features a gracious foyer, large office with french doors, large dining room with plenty of table space, kitchen with island and eat in area, walk-in pantry, living room, half bath and a family room with a wall of built-ins and huge storage closets. The flow is truly spectacular and this floor provides space for working from home, entertaining, movie night or daily living.

The screened-in porch off the family room is a quiet escape and overlooks the large, fully fenced rear yard that backs up to Monticello Park. A deck sits off the family room and is great for a bbq or outdoor dining with friends. The upper level features three bedrooms and two bathrooms as well as a laundry room. The master is spacious with a fabulous walk in closet. The en-suite bath has a double vanity, oversized stall shower and a jacuzzi tub; truly a spa-like retreat. The two additional bedrooms are spacious with large closets and tons of light.

The lower level is everything you’ve been waiting for and more! A recreation room is great for hang-out space, game room, school room or a music room. There is also a workout area, full bathroom, lots of storage space and a bedroom. Not to be missed is the mudroom area on this level, which is attached to the two car garage.

With an amazing location that’s walkable to Del Ray and close to Old Town, an easy commute to D.C. with close access to I-395 and a feeling of a serene retreat — this is a home you don’t want to miss. Welcome Home!

3106 Russell Road #A, Alexandria, VA 22305 — The Jen Walker Team

Second, we’re featuring this stunning, sunny and semi-detached home on one of the prettiest streets in Del Ray — just one block from the Avenue shops and a short walk to Braddock Road Metro! Large lot with huge front and back yards provides plenty of outdoor space. Enter into the living room — spacious and light-filled, this room easily flows into the dining room and kitchen. The kitchen has stainless appliances, granite countertops and island, as well as an entry to the rear deck and yard. A great flow for entertaining or everyday living.

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by ALXnow.com September 15, 2020 at 1:15 pm 0

It’s a tough time for many businesses around the city, but there are also opportunities.

We took a look through Alexandria listings of the website BizBuySell and found a number of businesses for sale. Many of the businesses are restaurants, which have taken a significant hit in the last several months due to the pandemic.

The website aggregates numerous business sale listings. The names of the businesses and their locations are generally left out of the listing.

Reasons for selling, when provided, typically do not mention economic hardship, but more often involve the owner retiring or not having time to actively manage the business.

Here are some that are currently listed in Alexandria:

  1. Fitness Center/Personal Training Gym — “This is a franchised 24 hour fitness center, located in one of the most lucrative areas of the country. Just down the road from the new Amazon HQ, this business has been profitable for more than 10 years. If you’ve ever wanted to get into the fitness business, this will be your best opportunity. Second nearby location also available.”
  2. Absentee-Owner Gourmet Pizza & Italian With Loyal Following — “This high-visibility restaurant has long been a destination and neighborhood favorite with locals – it continues to enjoy a following as a gourmet take-out option for pizza and all Italian cuisine favorites. Purchased in 2019 as a decades-old chef-owned establishment, the new owner invested in a complete turn around, nearly doubling sales and converting the business model to absentee ownership. Owner has refrained from applying for PPP or other SBA loans so that new owner might be able to take advantage of those opportunities.”
  3. Beautiful Hair & Nail Spa for Sale/ Price reduced — “Great opportunity!!! Serious Inquiries only. Beautiful and well established Hair & Nail Spa for Sale in a very busy shopping center. Seller is retiring after many successful years in the business. Beautiful & Very efficiently designed. 6 years old Spa. Established, loyal customers. Reasonable rent & excellent location. 10 Hair stations, 5 Dryers, 3 Shampoo stations, 8 Manicure Tables, 8 Pedicure chairs, 3 Waxing rooms, 2 Facial Rooms, 1 Body scrub. There is plenty of room to expand. Room to grow by improving social media and other marketing and adding massage service.”
  4. Restaurant & Bar Approved for Hookah MRB VA 943 — “HOOKAH CAN BE ADDED. APPROVED BY LANDLORD. Profitable restaurant, bar & lounge for sale in Alexandria. Hookah will drastically increase sales and profits. Currently patrons can enjoy live bands, dancing, DJs and karaoke nightly. With a capacity of 370, this 2 level establishment is perfect for private events, birthdays or work outings. The first floor is separated into two rooms with a dining area, bar and dance floor with stage/DJ booth while the 2nd room has a large bar, DJ booth and dance floor. The top floor is used for the current owners office, as well as storage, bathrooms and employee lounge.”
  5. Unique Restaurant for Sale in VA — “Unique Restaurant- 9,970 SF. Price Reduction. This business must be visited to be appreciated. It offers 9,970 sf with 2 full dining rooms (70 seats in each dining room) and 3 bars (100 bar seats in total). It is one of the few locations in the area that can accommodate multiple, large, separate dining events (private parties, fundraisers, etc. There is a huge kitchen with new compressors on all refrigeration, 3 walk-ins and a large basement for storage. They are currently open 6 days. This year sales are averaging 48-51K/wk with consistent growth ($2.7 mil. in gross sales projected for this year) with a net profit of approx. $265,000.00.”
  6. Sandwich Shop/Deli Alexandria Va — “I have a client who is ready to retire and has a sandwich shop/deli ready to sell. NO BROKERS. Substantial net positive cash flow after 31 years in business. Excellent old town location. Extended Lease. Business currently operates 6 days per week for breakfast and lunch until 6 so opportunity to extend hours and days under current SUP. No alcohol but license possible. Delivery and growing catering business add to profits. Accountant attested books. Must have a friendly personality to be successful. Employees likely to stay. NDA required for confidentiality. Great opportunity for hard working entrepreneur.”
  7. Mexican Restaurant and Bar — “This Profitable Mexican Restaurant for Sale has been open and operating profitably for eight years. The location is on a high traffic road and surrounded by residential. This is a turnkey situation on a restaurant that has been grossing in excess of $840,000 annually with profits to an absentee owner of $80,000 annually. Nice full service bar. Outdoor Seating!! Great opportunity for a new on hand owner/operator to take this business to the next level. “
  8. 5 Days Open Deli in office Complex — “Italian gourmet deli sandwich shop running 5 days (7AM ~9PM). Nestled in a well known office and residential complex.”
  9.  Established & Well-Known Hair Salon in Old Town Alexandria — “Great opportunity to own a well-known hair salon that has been established for over 30 years in Old Town Alexandria. The business is ideally located on a prominent thoroughfare with excellent street visibility. The salon owners have done an excellent job building a successful salon with reliable revenue and cash flow over the years. There is a stable client base, but there is also plenty of room to grow and expand the business.”
  10. Asian Restaurant and Sushi Bar for Sale — “Established Business for Sale. Owner is looking to retire from business. All equipment is owned and in good condition, except the dishwasher is leased. Asking price is negotiable, send your offers!”
  11. Specialty Gift & Souvenir Boutique in the Heart of Old Town Alexandria — “Unique opportunity to own a specialty gift and souvenir shop in the heart of the Old Town Alexandria. The boutique is located in a high traffic part of Old Town and has been a destination shopping destination to both locals and tourists for decades.”

See more Alexandria listings here.

by Sponsor September 11, 2020 at 12:45 pm 0

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Welcome Back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria, Virginia. I, along with my two rock-star team members, Sue Kovalsky and Micki MacNaughton, have more than 35 years of experience in real estate and sold over $103 million in 2019.

This week, our Just Listed property is a little different. We’re giving you a sneak peek look at one of the hottest properties in Alexandria soon to hit the market. This home has the space, detail and location you have been looking for. Ideally situated in a quiet cul-de-sac on a popular, tree-lined street in the eagerly sought-after Beverley Hills. It is truly a family sanctuary and an entertainer’s dream. This enchanting four-bedroom home has been wonderfully renovated and maintained. A dramatic two-story foyer greets you upon entering the home.

3301 Alabama Avenue, Alexandria, VA 22305 — The Jen Walker Team

The main floor features include a spectacular, natural light-filled, open-concept chef’s kitchen with custom cabinetry, granite countertops and high-end GE Monogram stainless-steel appliances. 48″ range (6-burners, double ovens with convection, indoor grill, professional range hood, infrared warming lamps), additional built-in oven with Advantium speedcook halogen light technology, 42″ built-in counter depth refrigerator and silent Bosch low decibel level dishwasher.

The kitchen opens up to the bright family room lined with large windows and multiple French door direct access to the expansive main deck and adjoining eat-in kitchen nook. A large bank of cabinets and storage off the kitchen is anchored by an additional prep sink, work area, and 56-bottle wine refrigerator, perfect for all of your favorite reds and whites. The banquet-sized dining room easily seats 10+ guests for an amazing dinner party prepared in the gourmet kitchen. The main level also includes a separate den/office with custom bookcases.

A sunroom with a ceiling of skylights connected to the first-floor bedroom offers a sun-soaked relaxation area. It includes an adjoining full bath and can easily serve as an in-law/nanny suite or even be sealed off for a private Airbnb or income-producing retreat. The main level also includes recessed and custom lighting (with dimmers) throughout and the house is wired for sound with integrated Bowers & Wilkins speakers.

The upper level has three spacious bedrooms and two full bathrooms. Vaulted ceilings highlight the master suite and the master bath includes a skylight, luxurious steam shower and Jacuzzi tub. French doors off the master lead to a large deck overlooking the tree-lined back yard and Monticello Park. The house size is doubled by expansive outdoor relaxing and entertainment spaces in both front and back.

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by Vernon Miles August 27, 2020 at 1:45 pm 2 Comments

Real estate investment company CIM Group recently purchased large apartment community Southern Towers, Costar first reported, but what’s unclear now is what that means for affordable housing in the city’s West End.

Southern Towers is a 2,261-unit apartment complex that is one of the city’s last large bastions of market-rate affordable and committed affordable units — units that are required to remain at a certain affordability. Helen McIlvaine, director of the city’s Office of Housing, said Southern Towers has 105 committed affordable units that were mostly established in the mid-2010s.

“They are ten-year units,” McIlvaine said. “Even at that time, property ownership had shifted to the next generation, and they didn’t feel in a position to make a longer term commitment… They’re pretty far into that life span. They have a number of start and end dates, but the last of them expires early 2028.”

Some of those were rented out in 2015 and 2016 and their committed affordable status could disappear in the next couple years.

McIlvaine said the city is maintaining discussions with the CIM Group, but that nothing has been set into stone yet for the property’s committed affordable units.

The city has had a working relationship with the company, which also owns the Mason at Van Dorn units near Landmark Mall.  McIlvaine said the CIM Group has been a cooperative partner in earlier discussions about establishing rent relief for local residents during the pandemic.

“We said our desire was to work with CIM group and continue to support Southern Towers residents that are experiencing income loss,” McIlvaine said.

Southern Towers was the site of protests during the pandemic with local residents pushing to cancel rent for residents who were among the thousands of locals laid off during the government shutdown.

McIlvaine said the discussion about rent relief is still ongoing. The City of Alexandria is offering rental assistance up to $1,800 for those who lost their income due to COVID-19. Those interested in rent relief can contact the city during business hours at 703-746-3100. Qualifying residents must live in Alexandria, have a documented loss of income, have been current on their rent through March, and fall within income eligibility guidelines. (more…)

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