Northern Virginia · Commercial sale
Apartment complex at 11627 North Shore Dr in Reston sells for $90.25 million
An apartment complex at 11627 North Shore Dr, Reston sold for $90,250,000 on September 21, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $90,250,000
- Sold
- September 21, 2026
- Property type
- Apartment complex
- Building area
- 334,952 sq ft
- Price per sq ft
- $269
- Year built
- 1969
The apartment complex at 11627 North Shore Dr sold for $90,250,000 on September 21, 2026, according to Fairfax County Department of Tax Administration sales records. That was 75% above the recorded market value of $51,540,410.
The deed covers 2 parcels. 11627 North Shore Dr is the largest one we could identify. Department records show 334,952 square feet of building area, a build year of 1969 and an 11.41-acre lot. The sale price works out to $269 per square foot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Fairfax County?
By our estimate, the seller's two largest charges, not counting prorations, were $180,500 for the regional congestion relief fee (Northern Virginia grantor's tax) and $90,250 for the grantor's tax. Who pays what follows Fairfax County custom.
How much did the seller net?
By our estimate, the seller netted about $89,794,047. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $90,570,778 at closing. That covers the full price and closing costs.
Source: Fairfax County Department of Tax Administration, real estate sales data, document 28802-2162. Property details: Fairfax County Department of Tax Administration. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
