Beverly Park Apartments

Beverly Park Apartments Apartment Details

Beverly Park represents smaller reasonably-priced market-rate communities threatened by gentrification. This project "part of the larger ongoing renewal of the Arlandria neighborhood "was geared toward improving quality of life and creating a more energy-efficient community.
Wesley Housing purchased this 1940s property in October 2005 with the assistance of acquistion finance partners City of Alexandria, the Housing Partnership Network, and United Bank to transition this community to long-term affordable housing units serving individuals at 60% and below and 50% and below Area Median Income. Construction and permanent finance partners were the City of Alexandria, the Virginia Housing Development Authority, and RBC Capital Markets Tax Credit Equity Group.
Renovations include new windows, entrances, and full interior renovations, with Earthcraft as the green building standard for this project. Efficiencies and one-bedroom units were combined to make larger units to provide more options for families.
Partners: City of Alexandria, the Virginia Housing Development Authority, RBC Capital Markets Tax Credit Equity Group.

Important information
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Apartment Rates
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Apartment Rental and informational statistics for zip code

Median apartment rental rate in this zip code	$1,727
Population in zip code	18,579
Median age of those living in this zip code	33.3
Average household income of those living in this zip code	$95,610
Average home value in this zip code	$631,782