Northern Virginia · Commercial sale
Apartment complex at 5860 Cameron Run Ter in Alexandria sells for $250 million
An apartment complex at 5860 Cameron Run Ter, Alexandria sold for $250,000,000 on September 16, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $250,000,000
- Sold
- September 16, 2026
- Property type
- Apartment complex
- Building area
- 1,278,930 sq ft
- Price per sq ft
- $195
- Year built
- 1971
Directly on a river, according to an aerial photo, an apartment complex at 5860 Cameron Run Ter in Alexandria sold for $250,000,000 on September 16, 2026. The Fairfax County Department of Tax Administration's sales records show the deal.
The department's records list 1,278,930 square feet of building area on a 28.17-acre lot, with a 1971 construction date. At that size, the price works out to $195 per square foot.
The most recent earlier sale on record was $244,750,000 in 2016. The market value on record is $267,017,330, which is higher than this sale price.
What this sale costs to close
What does closing cost at this price? Under Fairfax County custom the seller's larger charges are $500,000 for the regional congestion relief fee (Northern Virginia grantor's tax) and $250,000 for the grantor's tax. The seller's estimated net is $247,652,925 before brokerage commissions and any loan payoff. A cash buyer would need about $249,800,844 at closing.
Source: Fairfax County Department of Tax Administration, real estate sales data, document 28799-1867. 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.
