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29226974
29226982

46 Parkway Pl, Parkersburg, WV 26104

CC
WV WVS210301357
PMC Realty services
Listed by PMC Realty services
$2,500,000
143 days on market
Updated 31 days ago

Parkway Place Apartments

Details
APN 04-150-00E10000
Property Type Multifamily
Sub Type Apartment Building
Units 16
Cap Rate 8.83%
NOI $220,714
Occupancy 100%
Class A
Year Renovated 2025
Buildings 2
Stories 2
Acreage 5.930

Fully renovated 16 unit apartment complex, 100% occupied!

Marketing description

Discover your next investment opportunity with this fully renovated 16 unit apartment complex. Featuring modern two-bedroom, one-bath units, each building has been meticulously updated from the roof down to the appliances. Enjoy the added benefit of basements with 10x10 storage rooms for extra space. This property is not only clean and well-maintained but also generates above-market rents with reliable tenants, making management a breeze. With everything fresh and new, you can say goodbye to maintenance worries and hello to a profitable investment!

Investment highlights

  • Complete renovated apartment complex

  • Newly paved parking lots

  • Washer and dryers available in each building

  • 10x10 lockable caged storage areas for each tenant

  • Spacious floorplan with modern appliances

  • 100% occupied with above market rents

Listing Contacts

CC
WV WVS210301357
PMC Realty services
Listed by PMC Realty services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$220,714.00
$18,392.83/mo

Valuation Metrics

0
DSCR
8.83%
Cap Rate
8.83%
ROI

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Additional Information

Name
Cale Conley
License
WVS210301357
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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