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1000 Wingate Dr
Pittsburgh, PA 15205
Pleasantview Place · Multifamily Property For Sale · 48 Units

PROPERTY FACTS

No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 6.46 AC
Building Size 168,990 SF
Average Occupancy 95%
No. Stories 5
Year Built 2017
Parking Ratio 1.2/1,000 SF
Zoning R4

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Kitchen
  • Granite Countertops
  • Stainless Steel Appliances
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • 24 Hour Access
  • Clubhouse
  • Fitness Center
  • Picnic Area
  • Pool
  • Storage Space
  • Maintenance on site

ABOUT 1000 WINGATE DR , PITTSBURGH, PA 15205

SVN | Three Rivers Commercial Advisors is pleased to present this unique opportunity to acquire a development site with an existing 48 unit luxury apartment building. There is approval in place for two more apartment buildings (48 units each) in phase 1. There is also an existing clubhouse with pool and tennis court. There is an additional 2 phases of the development. The second phase consists of building sites for approximately 48 town homes. The third phase is an additional 42 acres of land that is zoned R-4. The existing 48 unit apartment building contains 16 one bedroom 1.5 bathroom units which are approximately 960 sq ft. There are 16 two bedroom 2 full bath units which are approximately 1,100 sq ft. There are 16 two bedroom 2 full bath units which are approximately 1,260 sq ft. All units have gourmet kitchens with granite counter tops and stainless steel appliances, and in unit washers and dryers. There is also a 22 car indoor parking lot. The building is all electric and the tenants pay their electric. The building was completed in spring of 2017. Currently 22 of the 48 units are leased. Professional property management company started leasing in beginning of 2018.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+2 16 - 900 - 950
2+2 32 - 1,050 - 1,300

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0152-N-00200-0000-00
Land Assessment
$2,000,000
Improvements Assessment
$8,413,500
Total Assessment
$10,413,500
  • Listing ID: 12501468

  • Date on Market: 5/8/2018

  • Last Updated:

  • Address: 1000 Wingate Dr, Pittsburgh, PA 15205

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