The Olympus at Landmark
The Olympus condos are located at the intersection of Stevenson Avenue and Yoakum Parkway in Alexandria VA.The Olympus' award-winning design has stood the test of time. Built in 1974 in an distinctive semi-circular styling, the Olympus offers spectacular views of Northern Virginia and a raft of amenities. Click the Olympus for a map and list of condos currently for sale. |
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Condo 1 Alexandria is a real estate agency licensed in Virginia. Our unbiased opinions about this and other condo associations are assured as we do not have a listing agency relationship with any particular condomium association. Instead, we pride ourselves working for you our client whether you are a buyer, renter, seller or landlord. 
Condo 1 Alexandria / Will Nesbitt Realty specializes in condos, condominiums, townhouses or and real estate in Northern Virginia. The information on this site is generously provided at no cost to you, but we appreciate and welcome the opportunity to be of service. We serve buyers, renters, seller and landlords in Alexandria, in Arlington, in Falls Church and in Fairfax County.
• 6641 Wakefield Dr. #113 • Alexandria VA 22307 •
703 765 0300
Will Nesbitt
Property Search
Click Olympus to see what is for sale at Olympus right now. For a map of the West End and to see what's in the neighborhood click West End .
Location, location ... association?
Everyone has heard the saying, "location, location, location." Location is a prime driver on real estate pricing, but when it comes to condominiums the condo association is just as important.
The condo association is the governing body of a condominium's management and finances. Usually condo associations are managed by volunteer residents elected at annual meetings. The volunteers are most usually organized into a board of directors. The board manages and selects the management company, property manager and makes other key decisions that affect the budget, up-keep and general operations of the condominium association.
Good management keeps condo fees as low as possible. At the same time, the board must ensure that all necessary maintenance is done. The board must also set aside some money in the budget to pay for future expenses such as the roof or replacement windows. It's not an easy task to do well.
In the Commonwealth of Virginia, a condo buyer has a right to review the association rules and finances after the contract is signed. The buyer has a review period of three days. If for any reason the buyer does not like what he finds in the condo documents during the review period, then the buyer can cancel the contract.
A good association makes a good community. A poorly managed association can lead to problems down the road. For this reason, in condominiums we say, "Location, location, association."
