1737 6th Ave - Apartments FOR SALE


Huntington, WV 25703
$1,895,000 USD
304-550-2251
1737 6th Ave, Huntington, WV for Sale
$1,895,000 USD
Apartments - FOR SALE
1/7
null | 9% Cap Rate

1737 6th Ave
Huntington, WV 25703


OVERVIEW

Located directly on the campus of Marshall University, 1739 6th Ave presents a rare opportunity to acquire a well-positioned 18-unit multifamily asset in the heart of Huntington, WV. This property features a strong unit mix of 6 one-bedroom/one-bath units and 12 two-bedroom/two-bath units, making it highly attractive to students and young professionals alike. The building has undergone extensive recent improvements, significantly reducing future capital expenditure needs. Upgrades include a new roof, siding, soffit, and fascia, along with modernized and automated laundry facilities. Most notably, major structural investments have been made into the staircases—one of the most costly and critical components—adding long-term value and peace of mind for ownership. Residents benefit from ample parking options, including 19 surface parking spaces and 8 underground parking spots—an uncommon and highly desirable feature in this area. With its prime campus location, strong unit mix, and substantial capital improvements already completed, this property is well-positioned for stable occupancy and continued income growth. Financials are available upon request. Creative financing options may be available for well-qualified buyers.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

18

PRICE/UNIT

$105,278

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burgess Student Apartment Complex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1971

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

-

APN/PARCEL ID

05-19-04510000

ASK ABOUT THIS PROPERTY

Thor MeeksMeeksMore Info
304-550-2251

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Thor MeeksMeeksMore Info
304-550-2251

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