0 Sassafras Ln - Apartments FOR SALE


Canonsburg, PA 15317
$4,200,000 USD
724-941-3340
0 Sassafras Ln, Canonsburg, PA for Sale
$4,200,000 USD
Apartments - FOR SALE
1/28
null | 8% Cap Rate

0 Sassafras Ln
Canonsburg, PA 15317


HIGHLIGHTS

  • Consistently occupied - rarely a vacancy, with high tenant retention.
  • Strong demand location - near major highways, employment hubs, shopping, dining, and entertainment.
  • Ease of management - uniform unit layout and central services simplify operations.
  • Future appreciation potential - desirable school district and continued growth in Washington County.
  • Stable cash flow - with tenants responsible for their own utilities, overhead is streamlined for the investor.

OVERVIEW

Sassafras Lane presents a rare opportunity to acquire a high-performing, 17-unit townhome asset in the heart of North Strabane Township—one of Washington County’s fastest-growing and most desirable areas. Spread across three well-maintained buildings on 2.2 acres, each townhome features 3 bedrooms, 2.5 baths, a private garage, central A/C, and modern finishes including fully equipped kitchens and in-unit laundry. With tenants covering all utilities and minimal landlord responsibilities, this turnkey asset offers strong, stable cash flow and streamlined management. Located just minutes from I-79, I-70, Route 19, and the Southpointe Business Complex, the property benefits from exceptional rental demand, rarely experiences vacancies, and sits within the highly rated Canon McMillan School District. Whether you're expanding your portfolio or seeking a low-maintenance, income-generating asset, Sassafras Lane delivers immediate returns and long-term growth potential. Additional guest parking on premises. Broker open on Thursday July 31, 2025, 5-7 PM and Sunday August 3, 2025 from 12-3 PM. Bring clients to unit #16 to tour as this unit is a representation of the other units. Please have client accompanied by a broker or agent. All offers best and highest due by Wednesday August 6, 2025 at 6 PM.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$131 USD /SF

# OF UNITS

17

PRICE/UNIT

$247,059

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.22 AC

LAND SF

96,790 SF

ZONING

-

APN/PARCEL ID

5200130000002012

ASK ABOUT THIS PROPERTY

Bonnie LoyaBerkshire Hathaway HomeServices The Preferred RealMore Info
724-941-3340

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Bonnie LoyaBerkshire Hathaway HomeServices The Preferred RealMore Info
724-941-3340

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.