Peachtree of McLean
Acquisition of a stabilized 340‑unit multifamily community located in Falls Church, Virginia.
A transformative value‑add opportunity to restore and revitalize the property within a highly desirable Pimmit Hills submarket.
PeachTree of McLean, a 314‑unit community featuring one mid‑rise building and 17 garden‑style buildings, sits on land that was formerly a peach orchard before its redevelopment into a multifamily community in the 1970s. Insight and its partners acquired PeachTree in December 2025 with a business plan centered on revitalizing the property and elevating the resident experience. Planned improvements include in‑unit renovations along with upgrades to common areas and building systems.
The property is situated in Pimmit Hills, one of Northern Virginia’s most desirable and supply-constrained neighborhoods, distinguished by strong demographics and a prime location between Tysons Corner and Falls Church, two major regional employment and lifestyle centers. The community offers exceptional connectivity, just 13 miles from downtown Washington, D.C., with convenient access to I-66, Route 50, and the Capital Beltway, as well as nearby transit options including the East Falls Church and West Falls Church Metro stations on the Orange and Silver Lines. Residents benefit from top-rated Fairfax County schools, abundant shopping and dining, and a deep employment base spanning technology, government contracting, and professional services.
The business plan includes a capital improvement program focused on elevating the resident experience. Renovations are planned for approximately 70% of unit interiors, along with upgrades to common areas and building systems. Insight also plans to transition the property to a new property management team.
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