Category Archives: Phoenix Rentals

Another 1 Bedroom Condo Rents at The Phoenix Condo

Unit 409

1 Bedroom/1 Bath, 770 sq ft, 1 Parking Space

Rented for $2,000 in 12 days

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Recent Sales and Rentals at The Phoenix Condo

Sales – 2 Currently Under Contract

Unit 720 – Studio Condo, 527 sq ft. Short Sale listed for $270,750 – under contract in 11 days
Unit 421 – 1 Bedroom Unit, 671 sq ft (smallest 1 bedroom unit in the building) – listed for $379,000 under contract in 21 days

Rentals

Unit 707 – 1 Bedroom Unit, 738 sq ft, rented for $2,100 in 15 days
Unit 804 – 2 Bedroom Unit, 1,151 sq ft, rented for $2,700 in 39 days
Unit  909 – 1 Bedroom Unit, 770 sq ft, rented for $2,000 in 10 days
Unit 712 – 2 Bedroom Unit, 1,088 sq ft, rented for $2,700 in 11 days

March 2010 Phoenix Sales/Rentals Update

Unit 1015 – a 1 bedroom with den unit (Bank owned)
Sold for a net of $421,950 in 6 days

Unit 1105 – 1 bedroom unit
Rented for $2,200 in 39 days

November Rentals at The Phoenix Condo in Clarendon

There was only 1 unit that was rented this month:

Unit 1108: D8, 2 bed/2 bath  (1,300 sq ft) and 2 parking spaces
Rented for $2,900/month after 47 days

September Sales & Rentals at The Phoenix

In September we didn’t have any sales, however, the big news is that the final unit (524) went under contract! There are 2 other units up for resale that are both under contract:

#524
Last remaining building unit – Model E3: 2 bedroom with den – listed for $619,900
#1015
1 bedroom with den (Model C1) – listed for $419,900
(*this is a short sale)
#1115
1 bedroom with den (Model C1) – listed for $479,000
(this unit has been upgraded on the inside with new hardwoods and other details)

There have been 3 units that rented since June:

Unit 1112
2 bedroom, 2 bath (model D3) – Rented in 13 days for $2,750 / month

Unit 1110
2 bedroom, 2 bath (model D1) – Rented in 7 days for $2,500 / month

Unit 812
2 bedroom, 2 bath (model D3)  – Rented in 18 days for $2,500 / month

How Much Do The Units at The Phoenix Rent For?

Because the building is so new, only 3 have been rented, and (as of this writing) there is 1 more up for rent.

1 Bedroom units are renting for $1,900
2 Bedroom units are renting for $2,500

The current rental listing is a 2 bedroom + den with 2 parking spots for $3,350

Compare this to other units in Clarendon:

1 Bedrooms in Clarendon are renting, on average, between $1,900

2 Bedroom units have rented for anything between $2,000 and $3,000 (depending on parking/furnished, etc), but on average rents for $2,500

Want to see if investing makes sense? Feel free to call me – 703.283.6120