

456 2nd St & 406 Temperance Way
20 Student Apartments, 9% Cap rate, Well Maintained, Less than 2 Blocks away from Campus
Marketing description
9% Cap rate, 20 Student Apartments, 2 Buildings, (4) 4 BR, 2 bath & (16) 2 BR, 1 Bath Units, Well Maintained, New roofs in 2023, built in 2012, These units are less than 2 blocks from the campus making it a high student demand as well as families or individuals seeking a spacious living space. The location is also convenient to restaurants, shopping, & the Mon River Park/Boat Ramp. These Apartments are all equipped with Kitchen Appliances, Washer/Dryer, Vinyl/Laminate Flooring, Aimed at Students as well as commuters. The property offers easy access to major routes such as Rt 43 & Rt 70, facilitating quick travel to nearby areas including Brownsville, Washington, Uniontown, Pittsburgh & Morgantown. In summary, these Apartments boast a rare combination of quality & desirable amenities. it's convenient location makes it a high sought-after choice for students, tenants & investors. Can be purchased with 456 2nd St. (6 unit) and a 10 unit that is not on the market at this time. there is a total of 82 units for sale. call agent for info.
Investment highlights
9% ACTUAL CAP RATE, 20 UNITS, GREAT SHAPE, ROOF REPLACED 2023…
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