Reston Glade Reston, VA
Location
Laurel Glade Court at Glade Drive
Description
200-unit complex featuring spacious 1, 2, and 3 bedroom apartments with expansive kitchens and bright rooms
Site Challenges
- Completing due diligence and closing within 30 days
CPI Value-Add
- Reston Glade is a long term asset that has a bright future with the Silver Line Metro coming to the area and Fannie Mae moving 5,000 employees near the site
- Long-term program to value-add upgrades such as adding electrical so the units can have individual washers and dryers
- Consideration of putting additional bathrooms in the units, making them a higher quality for those living in the complex