237 Sherrard St - Apartments FOR SALE


Marlinton, WV 24954
$1,900,000 USD
917-533-3373
237 Sherrard St, Marlinton, WV for Sale
$1,900,000 USD
Apartments - FOR SALE
1/6
null | 10% Cap Rate

237 Sherrard St
Marlinton, WV 24954


OVERVIEW

Opportunity to own rare multifamily property in picturesque Pocahontas County. Twenty Eight apartments could be used for long term rentals or as a short rental since there is a high demand. Complex includes sixteen two bedroom duplexes and eight one bedroom apartments. Located on 2.5 acres. Includes a coin operated laundry room, office and playground. On site management and maintenance available. Tenants pay their own utilities allowing owner low monthly expenses. Closely located to Snowshoe Resorts. Property sold as-is with potential for additional income with minor renovations.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

28

PRICE/UNIT

$67,857

CAP RATE

10%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

28 Unit Apartment Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

-

APN/PARCEL ID

08-4-00930001

ASK ABOUT THIS PROPERTY

Mary VasakaMV Real Estate Enterprises Property Management LLCMore Info
917-533-3373

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Mary VasakaMV Real Estate Enterprises Property Management LLCMore Info
917-533-3373

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