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Reply to "Missing middle- Arlington "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is just an observation and not necessarily relevant to anything that’s been said yet. It seems like the 4-6 plexes need at least 6000 SF. What will happen on the 4000-5900SF lots? Any builders or realtors have a guess? Bc we DO have some very small lots in Arlington and that’s what I have been curious about. What happens there? [/quote] I talked to the builder who bought what he told me was an R5 lot close to Virginia Square. He is building two semi-detached houses, each with 4 bedrooms and 4 baths and 2 parking spaces. He has an investor lined up who will buy them around $1.3 M, depending on cost of materials. Investor thinks he can rent them for $4,500 a month to either someone who wants easy living in a nice clean rental or four young professionals who don't want one of the grungy older rental houses and pay $1,150 for a room and bath and common kitchen. [/quote] That’s the kind of thing I was curious about. So even though it’s a duplex, in this case, nobody is getting on the property ladder and it’s even more people than would be in a 6 plex. [/quote]
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