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101-404 Cedar Hill Dr
McMurray, PA 15317
Heritage Meadows · Multifamily Property For Sale · 36 Units

Investment Highlights

  • Mix of one-bedroom and three-bedroom apartment homes appealing to a broad tenant base
  • Approximately 10-minute drive to Southpointe Business Park, home to more than 300 companies and 15,000 employees
  • Convenient access to Route 19, shopping, dining, healthcare providers, and recreational amenities throughout the South Hills
  • 100% occupied community with stable in-place cash flow
  • Located within the highly regarded Peters Township School District

Executive Summary

Colliers is pleased to present Heritage Meadows, a 38-unit Multifamily community located in Peters Township, one Pittsburgh’s most affluent and desirable suburban communities. The property offers investors the opportunity to acquire a well-located Multifamily asset within a highly supply-constrained submarket supported by excellent
schools, strong demographics, and a diverse employment base. Positioned in the South Hills, Heritage Meadows benefits from long-standing residential appeal and access to many of the region’s economic and lifestyle drivers.
The property features a mix of one-bedroom and three-bedroom floor plans designed to appeal to a broad range of renters, including young professionals, families, and residents seeking access to the state recognized Peters Township School District. Larger floor plans provide exposure to family-oriented households that typically exhibit longer tenancy durations and lower turnover rates, supporting stable occupancy and durable cash flow.
Heritage Meadows is strategically positioned approximately 10 minutes away from Southpointe, one of the largest employment centers in the Pittsburgh metropolitan area. Home to over 300 companies and nearly 15.000 employees, Southpointe provides a diversified employment base spanning energy, technology, healthcare, telecommunications, and professional services. The property’s long-term investment outlook is supported by Peter Township’s affluent demographics, limited development pipeline, and ongoing regional investment, including the future Allegheny Health Network Canonsburg Hospital campus. These market fundamentals create a compelling backdrop for sustained rental demand, long-term growth, and asset appreciation.

Property Facts

Sale Type Investment
No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 5.20 AC
Building Size 49,359 SF
No. Stories 3
Year Built 1972
Parking Ratio 0.69/1,000 SF
Zoning R3 - Residential - multifamily

Amenities

Unit Amenities

  • Balcony
  • Heating
  • Kitchen
  • Tub/Shower
  • Patio
  • Porch

Site Amenities

  • Playground
  • Basketball Court

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - 900
2+1.5 16 - 800
3+1.5 16 - 1,200

Property Taxes

Property Taxes

Parcel Number
5400100000003503
Land Assessment
$1,031,900
Improvements Assessment
$1,500,200
Total Assessment
$2,532,100
  • Listing ID: 41187041

  • Date on Market: 7/7/2026

  • Last Updated:

  • Address: 101-404 Cedar Hill Dr, McMurray, PA 15317

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