1340 4th Ave - Apartments FOR SALE


Huntington, WV 25701
$1,800,000 USD
304-313-6900
1340 4th Ave, Huntington, WV for Sale
$1,800,000 USD
Apartments - FOR SALE
1/2
null | 8.5% Cap Rate

1340 4th Ave
Huntington, WV 25701


HIGHLIGHTS

  • lucrative investment opportunity with this exceptional multi-family property

OVERVIEW

Property Overview: Discover a lucrative investment opportunity with this exceptional multi-family property located at 1340 4th Ave, Huntington, WV. This well-maintained property offers a blend of modern amenities and classic charm, making it a perfect addition to any real estate portfolio. Ideal for investors seeking steady rental income or families looking for a spacious living arrangement with additional rental units. Property Details: Address: 1340 4th Ave, Huntington, WV Type: Multi-Family Residential Number of Units: 40 Prime Location: Situated in a desirable neighborhood with close proximity to schools, shopping, dining, and public transportation. Spacious Units: Each unit features generous living spaces, modern kitchens, and updated bathrooms. Income Potential: High demand for rental units in this area ensures a strong rental income stream. Current rental rates are competitive with potential for increase. Modern Amenities Parking: Ample off-street parking available for tenants. Investment Highlights: Stable Occupancy: High occupancy rate with long-term tenants. Potential for Growth: Opportunity to increase rental income through minor upgrades or renovations. Low Maintenance: Recent updates reduce immediate need for major repairs. Nearby Amenities: Education: Close to reputable schools and universities. Shopping: Minutes away from shopping centers and local boutiques. Dining: Variety of dining options within walking distance. Transportation: Easy access to major highways and public transportation. Financial Information: Available upon request Don’t miss out on this prime investment opportunity to own a multi-family property in one of Huntington’s most desirable locations. Secure your future with this valuable asset at 1340 4th Ave, Huntington, WV.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$73 USD /SF

# OF UNITS

40

PRICE/UNIT

$45,000

CAP RATE

8.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

-

APN/PARCEL ID

05-18-01430000,05-18-01460000

ASK ABOUT THIS PROPERTY

Thor MeeksMeeksMore Info
304-313-6900

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Thor MeeksMeeksMore Info
304-313-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.