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| Knightsbridge Apartments • Arlington, VA 1981 | |||||||||||||||||||||||||||||||
Amenities: Central A/C, tot lot, laundry rooms, off-street parking, cable television. Convenient to Ballston Metro station. Location: 210-212 North Glebe Road, Arlington, VA 22203 Leasing Information: History: Purchased in August 1981 for $795,500. Wesley Housing operated Knightsbridge Apartments "as is," while HUD rental assistance and mortgage insurance applications were processed. Residents were then relocated on site for phased-in rehabilitation, including new, individual heating and air conditioning units, windows, appliances, roofs, and landscaping. Rehabilitation was completed September 1983. In November 2003, Wesley Housing purchased the Whitefield Commons and Knightsbridge Apartments from its partners. Another rehab was completed in 2005, which included new roofing, windows, kitchens, and bathrooms. Partner: Bank of America is the construction lender; ESIC is the tax-credit equity partner. Residents: Approximately 85 |
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