Akelius Northern
Virginia Portfolio

Ballston Place

Arlington, VA
383 Units | 1999 Year Built

5 Assets | 1,512 Units Across Arlington & Fairfax Counties

PROPERTIES CAN BE SOLD AS A PORTFOLIO, SUB-PORTFOLIOS, OR INDIVIDUALLY

BARTON HOUSE

Arlington, VA
214 UNITS | 1966 YEAR BUILT

DWELL VIENNA METRO

Vienna, VA
251 UNITS | 2008 YEAR BUILT

DOMINION PLAZA

Arlington, VA
318 UNITS | 1956 YEAR BUILT

FAIRWAY APARTMENTS

Reston, VA
346 UNITS | 1969 YEAR BUILT

Opportunity to acquire separately or jointly high-performing assets well below replacement cost in the epicenters of Northern Virginia’s growth corridors – Arlington & Fairfax Counties - with tremendous opportunity to capture rental upside through a targeted in-unit value-add execution

1999

Year Built

383

Units

400

Parking Spaces

871 SF

Avg Unit Size

97

Walk Score

91%

Occupied
*OWNERSHIP TOOK 33 UNITS OFFLINE TO RENOVATE

4-Min

WALK TO VIRGINIA SQUARE –GMU METRO (ORANGE & SILVER LINES)

89%

OF UNITS VALUE-ADD UPSIDE

Deal Highlights - Ballston Place

1966

Year Built

214

Units

97%

Occupied

784 SF

Avg Unit Size

$164K+

AVG HH INCOME (1 - MI RADIUS, COSTAR)

78%

BACHELOR’S DEGREE OR HIGHER (1 - MI RADIUS, COSTAR)

10-Min

WALK TO COURTHOUSE & CLARENDON METROS (ORANGE & SILVER LINES)

94%

OF UNITS VALUE-ADD UPSIDE

Deal Highlights - Barton House

1956

Year Built

318

Units

95%

Occupied

9-Min

DRIVE TO AMAZON HQ2

$150K+

AVG HH INCOME (1-MI RADIUS, COSTAR)

69%

BACHELOR’S DEGREE OR HIGHER (1-MI RADIUS, COSTAR)

$746K

MEDIAN HOME VALUE (1-MI RADIUS)

100%*

VALUE-ADD UPSIDE
*OWNERSHIP RENOVATED 1 UNIT

Deal Highlights - Dominion Plaza

2008

Year Built

251

Units

245

MARKET RATE UNITS

927

AVG. UNIT SIZE

$174K+

AVG HH INCOME (1-MI RADIUS, COSTAR)

98%

OCCUPIED

5-Min

WALK TO VIENNA METRO (ORANGE LINE)

100%

VALUE-ADD UPSIDE

Deal Highlights - Dwell Vienna Metro

1969

Year Built

346

Units

96%

Occupied

1,072 SF

AVG. UNIT SIZE

$154K+

AVG HH INCOME (1-MI RADIUS, COSTAR)

18.8

ACRES

5-Min

DRIVE TO RESTON TOWN CENTER

98%

OF UNITS VALUE-ADD UPSIDE

Deal Highlights - Fairway Apartments

Location

1. Ballston Place

96.7%

Occupancy
(Since 2023)

58.13%

Retention
(Since 2018)

2. Barton House

97.3%

Occupancy
(Since 2023)

74.29%

Retention
(Since 2022)

3. Dominion Plaza

96.7%

Occupancy
(Since 2023)

61.18%

Retention
(Since 2022)

4. Dwell Vienna Metro

96.4%

Occupancy
(Since 2023)

63.78%

Retention
(Since 2022)

5. Fairway Apartments

97.6%

Occupancy
(Since 2023)

66.39%

Retention
(Since 2021)

Contact Us

DC METRO
4445 Willard Ave., Suite 1200
Chevy Chase, MD 20815

Investment Advisors 

BRIAN CRIVELLA
Senior Managing Director
301.580.6685
[email protected]

YALDA GHAMARIAN
Senior Director
240.462.2332
[email protected]

BILL GRIBBIN
Senior Director
301.580.6486
[email protected]

JACK CANEPA
Associate Director
301.941.4629
[email protected]

Mortgage Banking

PATRICK MCGLOHN
Senior Managing Director
301.941.4610
[email protected]

BRIAN GOULD
Managing Director
301.941.4616
[email protected]

Akelius Northern
Virginia Portfolio

5 Assets | 1,512 Units Across Arlington & Fairfax Counties

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.  

​© 2026 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.