458 High St - Apartments FOR SALE


Morgantown, WV 26505- Downtown Morgantown
$2,500,000 USD
304-296-7930
458 High St, Morgantown, WV for Sale
$2,500,000 USD
Apartments - FOR SALE
1/29
null | 8.8% Cap Rate

458 High St
Morgantown, WV 26505
Downtown Morgantown


HIGHLIGHTS

  • 1 block from WVU

OVERVIEW

Build your portfolio with this 28-unit Commercial/Apartment Building located in Morgantown, WV. Two active commercial leases, both have main street road frontage on High St. This historical building houses 26 apartments and two bonus areas that can be converted into additional spaces. (Apartments consist of Twenty-Three 1bd/1ba units, Two 2d/1ba units, One 2bd/2ba units). As of 1/01/2025 building is 100% leased. Coin Laundry is located on the first floor for tenant usage. 458 High St is in city limits and a block from West Virginia University's Main Campus, the home of the Mountaineers. The building also comes with an active Letter of Compliance. This is a must-see if you want housing near a ranked R1 University. 26 apartments; 2 commercial spaces. 1 block from WVU

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

23

PRICE/UNIT

$108,696

CAP RATE

8.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,009 SF

ZONING

MU

APN/PARCEL ID

11-26-01030000

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Destiny SylvesterBel-Cross - Mountaineer CourtMore Info
304-296-7930

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Destiny SylvesterBel-Cross - Mountaineer CourtMore Info
304-296-7930

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