1607 Bigley Ave - Apartments FOR SALE


Charleston, WV 25302- Northeast Charleston
$4,250,000 USD
304-549-7138
1607 Bigley Ave, Charleston, WV for Sale
$4,250,000 USD
Apartments - FOR SALE
1/13
null | 7.06% Cap Rate

1607 Bigley Ave
Charleston, WV 25302
Northeast Charleston


OVERVIEW

Exceptional multi-family investment opportunity in Charleston featuring a 55-unit garden-style apartment complex along with 7 single-family homes. This diverse portfolio offers strong in-place income with a healthy NOI. The property provides a unique blend of unit types, appealing to a wide tenant base and helping reduce vacancy risk. The garden-style apartments offer efficient layouts and consistent rental demand, while the single-family homes add flexibility and additional income streams. Well-positioned within the Charleston market, this asset presents an excellent opportunity for investors seeking stable cash flow with upside potential through rent optimization and operational efficiencies.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

55

PRICE/UNIT

$77,273

CAP RATE

7.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westmoreland Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

-

APN/PARCEL ID

12-29-01830000

ASK ABOUT THIS PROPERTY

Megan Callaghan BaileyBHHS Professional RealtyMore Info
304-549-7138

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Megan Callaghan BaileyBHHS Professional RealtyMore Info
304-549-7138

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