Harbor View Apartments is a 16-unit multifamily asset consisting of two eight-unit buildings, ideally located steps from Marine Corps Base Quantico—one of the most stable rental demand drivers in the region. The property totals approximately 8,000 SF, offering investors predictable cash flow supported by military/government tenancy, consistent occupancy, and measurable expense efficiency. Operations are streamlined with tenant-paid electric and gas while ownership covers water, minimizing utility exposure and improving expense control. Ownership has also made ongoing system upgrades including multiple HVAC replacements, furnace and water heater installations, and interior turnover improvements, supporting reduced near-term capex needs and smoother asset management for the next owner. With an in-place NOI of ±$102,811, Harbor View provides a strong entry yield at the asking basis, with runway for value creation through unit modernization and incremental rent growth. This acquisition presents an opportunity to step into a well-maintained, cash-flowing asset in a supply-constrained market with sticky tenant demand and minimal new rental product delivery in the immediate area.
Quantico is located in Virginia. Quantico, Virginia has a population of 502. Quantico is less family-centric than the surrounding county with 32.35% of the households containing married families with children. The county average for households married with children is 42.33%.
The median household income in Quantico, Virginia is $47,048. The median household income for the surrounding county is $113,831 compared to the national median of $69,021. The median age of people living in Quantico is 36.7 years.
The average high temperature in July is 87.4 degrees, with an average low temperature in January of 25.8 degrees. The average rainfall is approximately 42.5 inches per year, with 12.9 inches of snow per year.
