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Neighborhood Spotlight: Colonial Village, Arlington, VA May 13, 2009

Posted by Laura Schwartz in Arlington.
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Colonial Village is a great garden-style condo community. The subdivision has 3 parts (Colonial Village I, II, and III). Originally built in the 1930s/40s, it was redeveloped into the current condo community in the 1980s. The neighborhood has 212-units and 74 parking spaces (NOTE: All parking spaces are BACK-IN ONLY!). Most of the units are 1 bedroom or 2 bedrooms, with a few studios; all of the units have 1 full bath. Colonial Village is located a few blocks from the Courthouse Metro stop (see the map below).

I was quoted in an article for DC Urbanturf about the community has a great investment opportunity. Condo fees and prices are very reasonable by Northern Virginia standards, and rents are high, so it’s possible to generate some positive cash flow from the units.

Search Colonial Village Homes For Sale

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