CAP RATE / 11.16% [PROFORMA CAP RATE]
Located seconds from West Virginia University’s main campus, 511 Grant Avenue is a two-story, seven-unit multifamily building grossing 9,120 (+/-) square feet on 0.138 (+/-) acre. Each unit is approximately 800 (+/-) square feet. All customary public utilities are available to the site, including public water and sewer. Take advantage of this prime location walking distance to West Virginia University’s main campus.
The property is located inside the city limits of Morgantown and is within walking distance to many amenities including the West Virginia University main campus, Beechurst Ave PRT, shopping, dining and more. The property is positioned roughly 4 miles from I-79, Exit 155, 5 miles from I-68, Exit 1, and 5 miles from I-68, Exit 7.