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29724761
29724763

940 Stewart Street, Morgantown, WV 26505

Black Diamond Realty
MN
WV WV WV0029167, PA PA RMR001818 (+2)
Black Diamond Realty
ZE
WV WVS240303295
Black Diamond Realty
Listed by Black Diamond Realty
$3,600,000
140 days on market
Updated 4 days ago

940 Stewart Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 34,848
Units 36
Tenancy Multi
Price per SqFt $103
Year Built 1989
Buildings 3
Stories 3
Acreage 1.000
Zoning No Zoning

Multifamily | 36 Units | $100,000/unit

Marketing description

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 23 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.

Investment highlights

  • 34,848 (+/-) Square Feet
  • 1 (+/-) Acre
  • 36 Units
  • 23 spacious two-bedroom, one-bath units
  • 13 one-bedroom, one-bath units
  • Tenant Mix: 85% Young Professional, 15% Student
  • Strong and Consistent Renter Demand

Listing Contacts

Black Diamond Realty
MN
WV WV WV0029167, PA PA RMR001818 (+2)
Black Diamond Realty
ZE
WV WVS240303295
Black Diamond Realty
Listed by Black Diamond Realty

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Additional Information

Name
David Lorenze, CCIM, SIOR, Principal & Associate Broker
License
WV0025501
Brokerage
Black Diamond Realty
Name
Mark J. Nesselroad
License
WV WV0029167
Brokerage
Black Diamond Realty
Title
Broker
Brokerage Address
1399 Stewartstown Road
Name
Zach Evans
License
WVS240303295
Brokerage
Black Diamond Realty
Title
Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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