Towne Square Apartments presents a compelling investment opportunity in the heart of Parkersburg, West Virginia. This mixed-use property spans approximately 157,969 square feet and includes 43 residential units, eight commercial spaces on the ground level, and an attached parking garage with 286 spaces. Built in 1984, the property offers a solid foundation for long-term ownership and income generation.
Situated in a vibrant and growing community, the asset benefits from its proximity to key amenities such as the Grand Central Mall, Parkersburg City Park, and multiple dining and retail options. The location also provides easy access to the Ohio River, offering recreational opportunities and scenic appeal. Parkersburg’s downtown district combines cultural attractions with small-town charm, creating a desirable environment for both residents and businesses.
With its prime location, mixed-use configuration, and ample parking, Towne Square Apartments is well-positioned for investors seeking a stable asset with potential for value enhancement. The property’s scale and layout support a variety of strategies, including repositioning or continued operation as a mixed-use development.