Two words: Retirement Community. The Jefferson is a Sunrise Senior Living Community. It consists of two high-rise condominium towers within a block of the Ballston Commons Mall and Ballston metro, and as such they get plenty of hits from buyers looking for affordable options along the Orange Line in North Arlington. So why are these condos so cheap?
First, you must be 55 or older to purchase there, and all units come with not only a condo fee (about $100-150/month for a 1BR), but a hefty Service Fee which is mandatory for all residents. Service Fees start at approximately $1925/month for a 1BR and can go up to over $3700 for a 2BR/den and even more for larger units. Continue reading the post here.
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