82 Unit Townhome/Apartment Portfolio FOR SALE


California, PA
$8,000,000 USD
412-217-6432
, California, PA for Sale
$8,000,000 USD
FOR SALE
1/64
null | 7.22% Cap Rate

82 Unit Townhome/Apartment Portfolio
California, PA


HIGHLIGHTS

  • Excellent investment (7.2% Cap)
  • Well maintained Townhomes/Apartments
  • All Roofs Replaced 2023
  • 3 BR, 2 bath, 2 Car Garage Townhomes and 1 to 4 BR Apartments
  • Built 2010 to 2015
  • Easy access to major routes such as Rt 43 & Rt 70

OVERVIEW

Excellent investment (7.2% Cap), 82 Unit, 91% occupancy. Well maintained Townhomes/Apartments... 3 BR, 2 bath, 2 Car Garage Townhomes and 1 to 4 BR Apartments. These units were built 2010 to 2015 which makes them the newer buildings around the PennWest (Cal U.) campus. All units are walking distance to campus (some 1 block) which make it a high student demand as well as families or individuals seeking a spacious living space. The location is also convenient to restaurants, shopping, playground and the Mon River Park/Boat Ramp. All Units are equipped with Kitchen Appliances, Washer/Dryer, Vinyl/Laminate Flooring & a newer 2023 Roof. These properties also offer easy access to major routes such as Rt 43 & Rt 70, making quick travel to nearby areas such as Brownsville, Washington, Uniontown, Pittsburgh & Morgantown. In summary, these Units boast a rare combination of quality & desirable amenities. it's convenient location makes it a sought-after choice for students, families & investors.

ASK ABOUT THIS PROPERTY

Mike PodolinskyColdwell Banker Commercial RealtyMore Info
412-217-6432

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Mike PodolinskyColdwell Banker Commercial RealtyMore Info
412-217-6432

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