â€œIN SEARCH OFâ€¦ Buyer Needsâ€ is a weekly post listing the types of properties my clients are looking forâ€¦. If you own property like this, please reach out to me.
Today is Friday, May 17th, and I have clients in search of the following types of propertiesâ€¦.
Rental Investment Properties: I am working with multiple investors who are looking to purchase homes in the Dulles region (Fairfax/Loudoun Counties) to be used as long term rentals. They would find homes that are already occupied with great tenants to be of particular interest. Any property where the â€œnumbers workâ€ would be considered, but generally, we are targeting townhomes or single family homes with market values of $250K- $350K, and rental values of $1700-$2200 (or more). One of these investors is particularly interested in a home in walking distance to downtown Leesburg, for example, the Drymill area (ie. streets of Meherrin/Occuquan/Town Branch) .
â€œTear Downâ€ lotsâ€¦. I am working with a potential buyer who wishes to purchase a home in the Churchill Road Elementary district in Mclean, Virginia (Fairfax County). They particularly like the Broyhill Langley Estates subdivision and Capital View Drive and Dead Run Drive and are targeting lots that are .35-.50 acres. Price range $750-850K depending on lot.
Tear Down Lots: I have a builder in search of buildable lots in the Vienna, Falls Church and McLean area. Other criteria: minimum of a .25 acre lot, not on a road with a â€œdouble yellow lineâ€, probably not a corner lot (unless it was larger than most), not backing to commercial development or a busy road, ideally where other homes have been torn down and re-built.
Leesburg, Single Family Home: I have a couple who is in search of a single family home, 3 bedrooms or more, in Leesburg, within walking distance to downtown, and close to the bike trails. Neighborhoods like Exeter (NE Leesburg) and Ashton Downs (SW Leesburg) are idea. Max price is in the mid $400Ks.
Leesburg, Downtown: I have a couple who are looking for a home in or very close to Downtown Leesburgâ€¦ although historic homes would be considered, itâ€™s not a requirement. The 15-20 year old homes in the Memorial Drive area would be ideal, and/or the newer Georgetown Mews area (i.e. Old English Drive) would also be perfect. Target price range is the $650-750K price range.
Are you thinking of selling? These are the buyers I am working with RIGHT NOWâ€¦ but it does change week to week. So if youâ€™re thinking of selling, please be sure to let me know!