2123 Shady Ave - Apartments FOR SALE


Pittsburgh, PA 15217- Squirrel Hill South
$7,950,000 USD
724-272-4225
2123 Shady Ave, Pittsburgh, PA for Sale
$7,950,000 USD
Apartments - FOR SALE
1/15
null | 6.14% Cap Rate

2123 Shady Ave
Pittsburgh, PA 15217
Squirrel Hill South


HIGHLIGHTS

  • Amazing Squirrel Hill location
  • 23 garage spaces and 6 surface parking spaces
  • Walking distance to dining, entertainment, and amenities.
  • Renovated units with spacious floor plans

OVERVIEW

SVN Three Rivers Commercial Advisors is pleased to present the opportunity to purchase this 47 unit apartment complex in the popular Squirrel Hill neighborhood of Pittsburgh. This 36,350 SF multifamily building comprises 47 units, offering a blend of (12) 2BD/1BA, (2) 2BD/2BA loft units, (17) 1BD/1BA, and (16) studios. The property boasts 31,610 rentable sq ft, along with 23 garage and 6 surface parking spaces. Zoned R2-L and strategically located just 5 miles from Downtown Pittsburgh, this sought-after residence provides proximity to major employers and universities, as well as the convenience of walking distance to dining, entertainment, and amenities.

FOR SALE DETAILS

PRICE

$7,950,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

47

PRICE/UNIT

$169,149

CAP RATE

6.14%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

47 Units Squirrel Hill

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

R2-L

APN/PARCEL ID

0086-S-00156-0000-00

ASK ABOUT THIS PROPERTY

Bryan DonaldsonSVN - Three Rivers Commercial AdvisorsMore Info
724-272-4225

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Bryan DonaldsonSVN - Three Rivers Commercial AdvisorsMore Info
724-272-4225

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