940 Stewart St - Apartments FOR SALE


Morgantown, WV 26505
$3,600,000 USD
304-276-8534
940 Stewart St, Morgantown, WV for Sale
$3,600,000 USD
Apartments - FOR SALE
1/55
null | Request Cap Rate

940 Stewart St
Morgantown, WV 26505


HIGHLIGHTS

  • 36 Units, 65 Beds
  • 2-Bedroom and 1-Bedroom Options
  • 85% Young Professional, 15% Student
  • In-Unit Laundry
  • Access to the Mon Health Medical Center, WVU’s Health Sciences Center campus and Ruby Memorial Hospital

OVERVIEW

940 Stewart Street in Morgantown, West Virginia presents a compelling multifamily investment opportunity consisting of three well-maintained buildings totaling 34,848 (+/-) gross square feet and offering 36 residential units. The unit mix includes 26 spacious two-bedroom, one-bath units and 13 one-bedroom, one-bath units, catering to strong and consistent renter demand in the Morgantown market. 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. The property is well-positioned to attract students, professionals, and long-term renters alike, supporting stable occupancy and long-term investment performance.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

36

PRICE/UNIT

$100,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multifamily Housing Investment | 36 Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

No Zoning

APN/PARCEL ID

08-8A-00310000

ASK ABOUT THIS PROPERTY

Zach EvansBlack Diamond RealtyMore Info
304-276-8534

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Zach EvansBlack Diamond RealtyMore Info
304-276-8534

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