MAY 03, 2007 -- Alexandria, Va. -- Orion Residential, a Chicago-based multifamily investment and condominium conversion company, has announced the closeout of the condo component of EOS twenty-one, a multifamily development in Alexandria, Va. EOS twenty-one, which also includes apartments, is the company’s first venture into the Washington, D.C. metro area condominium market.
The condos were priced from the upper $100,000s to low $300,000s. As part of the closeout of EOS twenty-one, Orion is offering four percent closing cost assistance, from $6,000 to $12,000, to purchasers who use their designated lender.
Studio, one- and two-bedroom units come equipped with air conditioning, modern appliances, secure entryways, garbage disposals, private patios or balconies, washers and dryers, oversized closets, cable hook-ups, and, in some homes, fireplaces. Pets are welcome.
The community includes a fitness center, dry-cleaning services, clubhouse, theater, coffee bar, onsite store and deli, as well as several pools. The complex also offers wellness classes as well as tanning, dry-cleaning, childcare and FLEXCAR services. In addition, EOS twenty-one is near restaurants, shopping, museums and entertainment.
The community’s apartments are being managed by the Bozzuto Group, based out of Greenbelt, Md. In the last 24 months, Orion has acquired in excess of $1 billion of multifamily assets.
