
99 Parker Drive
Great Location. Great Condition.
Marketing description
99 Parker Drive offers investors the opportunity to acquire a 12 unit well-maintained, all-brick buildings in one of Pittsburgh's top submarkets, Mount Lebanon.
The building is composed of 9 one bedroom, one bath units 2 two bedroom, one bath units and 1 2 bedroom, 2 bath unit. The tenants pay electric while the owner pays gas, water/sewer and trash. The building has onsite laundry and storage space. The units have been remodeled and are in good condition. Additionally, each unit receives a parking space.
Mt. Lebanon is one of the South Hills' most desirable rental markets, anchored by a top-rated school district, a walkable business district, and direct light-rail access into downtown Pittsburgh--amenities that keep occupancy high and tenant turnover low. The 15216 zip code draws a stable, credit-worthy renter base willing to pay a premium for the location, supporting steady rent growth and resilient cash flow. For an investor, that combination of steady demand and limited new multifamily supply translates into dependable cash flow and strong long-term appreciation potential.
Investment highlights
- Phenomenal Mount Lebanon Location
- Well-Maintained, All -Brick Building
- Most Units Have Been Renovated
- Off-Street Parking
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