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NOVEL Scott's Addition by Crescent Communities apartments in Richmond, VA

Updated

NOVEL Scott's Addition by Crescent Communities

2902 N Arthur Ashe Blvd, Richmond, VA 23230, USA

4.7 (47 reviews) Official Website

Live pricing, refreshed

28
Units Listed
$1,529
Starting at
$2,447
Average
$3,995
Highest
$2.77
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Richmond 23230 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,990
from $1,529 · 17 units
~690 sqft avg
2 Bed
$3,152
from $2,699 · 11 units
~1,186 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$510K

$6.1M annual run rate

Est. Occupancy

90%

of about 275 units (reported building size)

Effective Rent on New Leases

$2,064

vs $2,447 current asking ($383 negotiation gap)

Recent Lease Activity

114 units tracked; 86 assumed leased, 28 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

28

Very high availability

16 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Richmond, VA

Similar

Comparing this building against 6 similar Richmond, VA apartments by price. Click any bar to view that building.

See rent trends on the Richmond, VA map Explore Richmond, VA on the interactive map

Available Units

28 units
1 Bed / 1 Bath JA1
$1,529/mo
529 ft² · $2.89/ft² · #427
Down $46 since Sep 6 (was $1,575)
1 Bed / 1 Bath JA5
$1,579/mo
571 ft² · $2.77/ft² · #149
1 Bed / 1 Bath JA5
$1,649/mo
571 ft² · $2.89/ft² · #714
Down $156 since Jul 19 (was $1,805)
1 Bed / 1 Bath JA1
$1,654/mo
529 ft² · $3.13/ft² · #627
1 Bed / 1 Bath JA5
$1,655/mo
571 ft² · $2.90/ft² · #253
1 Bed / 1 Bath JA5
$1,690/mo
571 ft² · $2.96/ft² · #260
1 Bed / 1 Bath A8
$1,879/mo
699 ft² · $2.69/ft² · #405
Down $96 since Sep 6 (was $1,975)
1 Bed / 1 Bath A7
$1,925/mo
699 ft² · $2.75/ft² · #235
1 Bed / 1 Bath A1
$2,039/mo
651 ft² · $3.13/ft² · #150
1 Bed / 1 Bath A1
$2,039/mo
651 ft² · $3.13/ft² · #722

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Severe nighttime trains

Freight line 672 ft away · 11 trains/day

  • 5 daytime, 6 overnight
  • Crossing 672 ft away. Horns expected day and night.
  • Operator: CSX

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Richmond, VA notes

No resident notes for this property yet.

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Richmond 23230 Rent Trends

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