The Porter Del Ray

What The Porter Del Ray does

The Porter Del Ray is a privately held, single-asset luxury apartment community located at 625 E. Monroe Avenue in the historic Del Ray neighborhood of Alexandria, Virginia. The property offers studio, one-bedroom, and two-bedroom floor plans ranging from 577 to 1,535 square feet, with interior finishes including GE stainless-steel appliances, granite countertops, wood-plank floors, 9- to 17-foot ceilings, in-unit washer/dryer, and USB outlets. The asset comprises 7,700 square feet of common-area amenities spanning three resort-style swimming pools, an outdoor kitchen with fire pit, a 24-hour wellness center, a clubroom, media room, game room, and an executive business center with conference room. The property is NGBS Bronze Certified and holds a Certified Sustainable Property designation.

The asset is managed by Bozzuto Management Company under a core operating partnership and runs on the RentCafe platform (Yardi Systems) for property management, online leasing applications, the resident portal, and Bilt Rewards-integrated rent payments. The go-to-market motion is direct-to-consumer residential leasing through an on-site leasing office, scheduled guided and self-guided tours, 3D virtual tours, and the RentCafe online portal. Distribution is concentrated in the Northern Virginia / Washington D.C. metro commuter shed, with the property positioned steps from the Braddock Road Metro station (Walk Score 81, Walker's Paradise).

The business model is subscription/recurring residential rental income, with monthly base rents disclosed between $2,253 and $3,768 on listed floor plans and ranges up to $6,462 (one-bedroom) and $9,475 (two-bedroom) depending on availability and lease term. Revenue is supplemented by mandatory and optional fees including a $600 first-lease amenity fee, $50 application fee, $300 reservation/holding fee, $300 standard security deposit, utility administrative billing ($6.64/month), valet trash ($30/month), reserved parking ($120-$260/month), unreserved parking ($95-$210/month), rentable storage ($100-$300/month), and pet fees ($500 non-refundable plus variable pet rent). Primary customer segments are urban professionals, families, pet owners, and D.C. metro commuters seeking transit-accessible luxury housing in a walkable neighborhood. No revenue, headcount, unit count, or financial performance figures are publicly disclosed.

Name

The Porter Del Ray

Legal name

The Porter Del Ray

Website

https://theporterdelray.com

Company type

Private

Founded year

1890

Operating status

Operating

Headcount range

11–50 employees

Short description

The Porter Del Ray is a luxury, single-asset apartment community in Alexandria, Virginia, offering studio through two-bedroom units near the Braddock Road Metro station, managed by Bozzuto and targeted at D.C. metro commuters, urban professionals, and families seeking walkable, amenity-rich housing.

Ownership category

akta.pro rank

Product category

Residential Multifamily Housing

NAICS

Rental and Leasing Services (532)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Luxury Serviced Residences (THAGAEAJ)

Keywords

• Luxury apartment rentals
• Residential leasing
• Multifamily housing
• Property management
• Urban apartment living

Headquarters

HQ city

Alexandria

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Residential Rental Income: Monthly rental payments from studio, one-bedroom, and two-bedroom apartment units. Revenue includes base rent plus additional fees for amenities, parking, storage, utilities, and pet services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

The Porter Del Ray is a luxury residential apartment community offering studio, one-bedroom, and two-bedroom apartment rentals (ranging from 577 to 1,535 square feet) in the Del Ray neighborhood of Alexandria, Virginia. The property provides fully appointed apartment homes with high-end interior finishes, 7,700 square feet of resort-style community amenities including pools and a wellness center, and a suite of resident services such as package acceptance, 24-hour emergency maintenance, and online rent payment.

Differentiator

Problem solved

Functional benefit

Products and services

• The Porter Del Ray Apartments Luxury apartment rentals offering studio, one-bedroom, and two-bedroom floor plans in Alexandria, VA, located near the Braddock Road Metro station. The community features resort-style amenities including pools, fitness center, business center, and pet-friendly policies, targeted at professionals, families, and pet owners seeking walkable urban living.

Quantifiable outcome

• Walk Score of 81 - Walker's Paradise

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Bozzuto Management CompanycoreImplementation/ SI/ Consulting PartnerBozzuto Management Company is the property management partner operating The Porter Del Ray. They provide award-winning resident services including package acceptance, 24-hour emergency maintenance, valet dry cleaning, curated resident events, online rent payment, and the '#1 Property Management Company' resident service guarantee. The company is headquartered in Greenbelt, Maryland and manages numerous apartment communities in the Washington D.C. metro area.
• RentCafe (Yardi Systems)coreTechnology or IntegrationRentCafe, powered by Yardi Systems, provides the property website platform, online leasing application system, resident portal, and property management technology infrastructure for The Porter Del Ray.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• The Acadia (Arlington, VA): Luxury Class A apartment community in Arlington, VA directly serving the same D.C. metro professional renter segment with comparable unit finishes, amenity offerings, and transit-oriented positioning.
• Crystal House (Arlington, VA): Class A apartment community in Arlington, VA serving similar D.C. metro commuter renters with luxury finishes, comparable amenity packages, and proximity to transit. Direct competitor for the same urban professional renter base across the Potomac.
• Cortland: Private multifamily developer and operator with several Class A communities in the greater Washington D.C. area. Directly competes for the same urban professional renter segment with similar luxury finishes and amenity packages.
• Kettler Management: Regional multifamily developer and manager headquartered in the D.C. metro area, operating numerous Class A apartment communities in Northern Virginia and D.C. Directly comparable as a regional luxury rental operator with overlapping renter demographics.
• Bozzuto Group (parent): The Porter Del Ray's property management parent and operator of 100+ apartment communities across the Eastern U.S. Other Bozzuto-managed communities in Alexandria and Northern Virginia compete directly with The Porter Del Ray for similar renter segments.
• The Asher (Alexandria, VA): Luxury apartment community in Alexandria, VA operating in the same submarket as The Porter Del Ray, offering comparable studio-to-two-bedroom layouts, amenity packages, and proximity to the Braddock Road / Del Ray corridor.

Broad incumbents

• AvalonBay Communities: One of the largest publicly-traded apartment REITs in the U.S. with deep concentration in the D.C. metro area. Comparable as a Class A multifamily operator serving similar urban professional and commuter renter segments, though at vastly greater scale across multiple geographies.
• Equity Residential: Major publicly-traded apartment REIT with a meaningful D.C./Northern Virginia portfolio of urban and transit-adjacent Class A communities. Directly comparable product positioning to urban professional and commuter renters in the Washington metropolitan area.
• UDR, Inc. National multifamily REIT with a Washington D.C. metro portfolio of Class A apartment communities. Comparable as a luxury urban rental operator serving similar commuter-driven renter demographics across multiple geographies.
• Greystar Real Estate Partners: Largest apartment manager in the U.S. with substantial D.C. metro operations across owned, managed, and third-party-managed properties. Comparable as both a competitor and a property management alternative to Bozzuto.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/theporterdelray

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Porter Del Ray