471 Dallas St - Apartments FOR SALE


Morgantown, WV 26505
$700,000 USD
304-685-3092
471 Dallas St, Morgantown, WV for Sale
$700,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

471 Dallas St
Morgantown, WV 26505


HIGHLIGHTS

  • Walking Distance to WVU Downtown Campus and PRT System
  • Multi-Unit Building
  • 6 Parking Spaces Plus Street Parking

OVERVIEW

Discover a prime student housing opportunity in the heart of Morgantown with this multi-unit property ideally located within walking distance of West Virginia University’s Downtown Campus. 471 Dallas Street (5,120 (+/-) square feet) offers a total of four units and 12 beds in a high-demand rental market. The property features six off-street parking spaces, a rare and valuable amenity for the area, and give tenants easy access to campus, dining, shopping, and nightlife. With strong rental potential, excellent proximity to WVU, and the stability of the student housing market, this dual-building investment is a turn-key addition to any multifamily portfolio. Other local amenities within walking distance or a short drive include High Street, multiple PRT systems which offer access to the Mon Health Medical Center, WVU’s Health Sciences Center campus and Ruby Memorial Hospital.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

4

PRICE/UNIT

$175,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Blackburn Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,398 SF

ZONING

-

APN/PARCEL ID

13-26-02760000

ASK ABOUT THIS PROPERTY

David Lorenze, CCIM, SIORBlack Diamond RealtyMore Info
304-685-3092

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David Lorenze, CCIM, SIORBlack Diamond RealtyMore Info
304-685-3092

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