Listed by SVN | Three Rivers Commercial Advisors
$3,550,000
Meadow View Apartments
Details
APN 10-04-07-0-188
Property Type Multifamily
Sub Type Apartment Building
Units 55
Beds 1
Cap Rate 8.07%
NOI $286,545
Tenancy Multi
Year Built 1962
Buildings 5
Acreage 2.400
Investment Type Value Add
Multifamily | 8.07% CAP | 55 Units
Marketing description
SVN Three Rivers Commercial Advisors is pleased to present the opportunity to acquire a 55-unit apartment complex in Greensburg, Pennsylvania. Built in 1962 and situated on 2.4 acres, the property is comprised of five residential buildings. All units are 1 bed 1 bath. The property has strong occupancy with below market rents, offering a value-add opportunity.
On-site amenities include laundry facilities, coin operated washers/dryers, a storage area, and abundant parking. The surrounding neighborhood provides immediate access to nearby amenities, including multiple grocery options, parks, local dining destinations, and schools.
Investment highlights
- 5 Buildings
- 2.4 Acres
- Quiet Community
- Abundant Parking
- Value Add Opportunity
- All 55 Units 1BD/1BAs
Listing Contacts
Listed by SVN | Three Rivers Commercial Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$286,544.90
$23,878.74/mo
Valuation Metrics
0
DSCR
8.07%
Cap Rate
8.07%
ROI
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