248-535-5773
600 Sherwood Cir, Connellsville, PA for Sale
Apartments - FOR SALE
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600 Sherwood Cir
Connellsville, PA 15425


HIGHLIGHTS

  • Three-mile radius target market area
  • Population growth at 13,777
  • 0.5% Y-O-Y rent growth

OVERVIEW

Woodland Hills Townhomes in Connellsville, PA, is located about 200 miles east of Columbus and 50 miles south of Pittsburgh, PA. This property includes 64 two-story townhomes. Ownership has recently introduced a coin-operated laundromat at the property, featuring four new washing machines and dryers. Situated along the Youghiogheny River, Connellsville is part of the Laurel Highlands, known for its natural beauty and outdoor recreational opportunities. The river offers fishing, kayaking, and other water activities. Connellsville is a key stop along the Great Allegheny Passage, a popular rail-trail for cyclists and hikers. Historically significant for transportation and commerce due to its location along major rail lines, Connellsville’s median HHI is projected to increase by 9.2% over the next five years, reaching $60,180 by 2029. The city has a high concentration of renters, with 29% of housing units renter-occupied, compared to 23% in Fayette County and 27% in Metro Pittsburgh. Fayette County home values have increased by 16.2% annually. https://properties.berkadia.com/ohio-pennsylvania-164-portfolio-476487/p/6?src=src6

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

64

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodland Hills Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

72

LAND DETAILS

LAND ACRES

5.32 AC

LAND SF

231,782 SF

ZONING

-

APN/PARCEL ID

04-31-0002

ASK ABOUT THIS PROPERTY

Conor DavidBerkadiaMore Info
248-535-5773

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Conor DavidBerkadiaMore Info
248-535-5773

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