Greysteel, a national commercial real estate investment services firm, has been named exclusive advisor and agent by a local real estate investor for the sale of Whispering Oaks, a multifamily property located in Arlington, VA.

Greysteel Co-Founder, Ari Firoozabadi; Senior Director, W. Kyle Tangney; Director, Rawles M. Wilcox; and Investment Associates, Alicia Orkisz and Herbert Schwat; of the Company’s Washington, D.C. office, are marketing the property.

Whispering Oaks, built in 1958, is a 49-unit mid-rise multifamily property located at 1310 North Oak Street in the Rosslyn neighborhood of Arlington. The building has been extremely well-maintained and benefits from recent upgrades to both unit interiors and common areas. Property amenities include covered and non-covered off-street parking, telephone entry system call box, fitness center, laundry facilities, secluded rear patio sitting area, and renovated lobby.

The property’s prime location in Rosslyn offers residents superior access to the downtown business district of Rosslyn, Greater Arlington, and Washington, D.C. Downtown Rosslyn is within a half-mile of the property and is home to a wide variety of restaurants, bars, shopping, and entertainment options.

“This is an extremely rare and unique opportunity, as potential buyers can acquire a fully-occupied, well-maintained multifamily asset in an unbeatable location,” said Mr. Wilcox. “New ownership will be able to achieve immediate returns and capture considerable rent premiums in one of the best submarkets in the Mid-Atlantic,” he added.

About Greysteel:

Greysteel is a commercial real estate and capital markets services firm with seven offices located in Los Angeles, CA; Washington, D.C.; Baltimore, MD; Philadelphia, PA; Dallas, TX; Fort Worth, TX; and Norfolk, VA. Greysteel serves and advises private and institutional real estate investors and developers in the marketing, sale, and financing of private capital and middle-market real estate assets.www.greysteel.com