980-998 Jefferson Ave - Apartments FOR SALE
Washington, PA 15301 |
$2,200,000 USD
412-535-8062
980-998 Jefferson Ave
Washington, PA 15301
HIGHLIGHTS
- 89% occupied, providing in-place cash flow with additional upside through lease-up
- 4 Commercial and 24 Residential Tenants
- Value-add potential through interior renovations, rent optimization, and operational efficiencies
- The property has undergone or is positioned for ongoing capital improvements to enhance operating performance and curb appeal
- On-site surface parking with additional 100+ free spaces adjacent to the property
- Positioned along a well-traveled thoroughfare with traffic counts exceeding 24,000 vehicles per day, offering strong exposure for retail tenants
OVERVIEW
FOR SALE DETAILS
PRICE
$2,200,000 USD
PRICE/SF
$65 USD /SF
# OF UNITS
28
PRICE/UNIT
$78,571
CAP RATE
7.09%
% LEASED
89%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
28 Unit Mixed-Use Investment Opportunity
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1940
PARKING SPACES
13
LAND DETAILS
LAND ACRES
0.37 AC
LAND SF
16,117 SF
ZONING
GB
APN/PARCEL ID
7700180001001400
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412-535-8062
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412-535-8062
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