MANASSAS, VA 20110

MANASSAS 55+ ACTIVE ADULT CONDO | 1,504 SF + 1-CAR GARAGE | SAME-SIZE SALES TO 388K (NOT IN MLS)

Sold Sight Unseen-No Access until we have a ratified contract with the buyer

PROPERTY OVERVIEW

• Clean and well-maintained 2-bedroom, 2-full-bathroom condo located in The Gatherings at Wellington Village, a 55+ active adult community.
• Spacious 1,504 SF one-level floorplan with an attached 1-car garage.
• Features a private elevated balcony, separate office or den, dedicated laundry room and elevator building access.
• Functional open layout with excellent flexibility and strong resale appeal.

LAYOUT AND FEATURES

• Kitchen and Main Living Area
• Open kitchen, dining and living area with a seamless flow to the private elevated balcony.
• Kitchen features updated cabinets and granite countertops, approximately 10 years old.
• Primary Bedroom Suite
• Spacious primary bedroom with separate sitting area.
• Walk-in closet and full en-suite bathroom.
• Second Bedroom and Additional Living Space
• Second bedroom with access to the full hall bathroom.
• Separate office or den providing additional workspace or flexible living space.
• Additional Features
• Dedicated laundry room.
• Private elevated balcony.
• Attached 1-car garage.
• Elevator building and convenient one-level living.

CONDITION AND RECENT UPDATES

• Property is already clean and well maintained.
• Kitchen cabinets and granite countertops updated approximately 10 years ago.
• HVAC system replaced approximately 3 years ago.
• Water heater replaced approximately 3 years ago.
• Estimated renovation of approximately 30K can focus on flooring, paint, bathrooms, lighting, fixtures and overall resale presentation.
• Existing condition and major mechanical updates help limit the scope of renovation.

COMPARABLE SALES AND ARV SUPPORT

• Excellent Same-Building Buy-Price Support: 9202 Charleston Dr #405
• Exact same 2-bedroom, 2-bathroom, 1,504-SF floorplan with 1-car garage.
• Sold for 340K in May 2026.
• Subject's 269K off-market purchase price is approximately 71K below this recent same-building sale before renovation.
• Strong ARV Support: 9204 Charleston Dr #404
• Exact same 1,504-SF, 2-bedroom, 2-bathroom product with 1-car garage.
• Sold for 388K in December 2025.
• Provides strong support for the subject's 375K renovated target.
• Additional Community Sales
• 9200 Charleston Dr #404, exact same size, sold for 355,538.
• 9202 Charleston Dr #406, slightly larger at 1,558 SF, sold for 360K.
• Recent community sales further support the subject's conservative 375K ARV target.

COMMUNITY AND LOCATION

• The Gatherings at Wellington Village is a 55+ active adult community offering:
• Clubhouse and fitness center.
• Meeting and party spaces.
• Pickleball and tennis courts.
• Walking paths and maintained common grounds.
• Additional resident amenities.
• Conveniently located minutes from historic Old Town Manassas.
• Nearby shopping, dining, library and major commuter routes.
• Easy access to Route 28, Prince William Parkway, I-66 and VRE.
• Community amenities, one-level living and garage parking provide strong appeal to the active adult buyer market.

INVESTMENT NUMBERS

• Purchase Price: 269K
• Estimated Renovation: 30K
• Total Purchase and Renovation Basis: 299K
• Target ARV: 375K
• Potential Gross Spread: 76K
• Monthly Condo Fee: Approximately 455
• Closing Date: Friday, December 18, 2026

OFFER DEADLINE AND REQUIREMENTS

• Final and best offers must be submitted through the website by Monday, November 16, 2026, at 9:00 AM.
• Proof of Funds and LLC documentation must be uploaded for offer consideration.
• Property access is not available until a contract with a buyer has been ratified.
• A walkthrough will be organized after ratification.
• Nikki is available to review property pictures and videos and answer questions.

TRANSACTION AND PROPERTY ACCESS

• Seller of equitable interest only. Property is not owned by the assignor.
• Transaction is a contract for sale of equitable interest and will be completed through an assignment of MarketPro's contract.
• Buyers must perform their own due diligence.
• MarketPro provides estimated repair costs and property values only.
• Buyers are responsible for property cleanout and all closing costs.

CONTACT AND IMPORTANT INSTRUCTIONS

• Contact: Nikki Cornblatt
• Call or Text: (484) 310-8993
• Do not visit the property, trespass or contact the sellers under any circumstances.
• No remarketing or unauthorized seller contact is permitted without express written consent from MarketPro.
• Unauthorized contact may be considered intentional interference with a contract and may result in legal action.
• Property information is proprietary to MarketPro South, Inc. and its affiliates.
• MarketPro does not collaborate with other wholesalers.
• To receive deals by text, text DEALSDMV to 91074. Text STOP to end. Message and data rates may apply.