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1027 Cochran Mill Rd 10 Unit Apartment Building $850,000 ($85,000/Unit) 9.92% Cap Rate Jefferson Hills, PA 15025
Investment Highlights
- Opportunity to place more voucher tenants to increase revenue
- Recent upgrade to roof, plumbing and electrical systems
- Laundry on site
- Many recent upgrades to units
- Parking on site
Executive Summary
SVN Three Rivers Commercials Advisors is pleased to present 1027 Cochran Mill Road for Sale. This 10 unit multifamily property is located in the Jefferson Hills township area of Pittsburgh's South Hills. The building has a desirable unit mix of 4 x 1BD/1BA, 4 x 2BD/1BA and 2 x 3BD/1BA apartments. Units are fully electric with baseboard heating and tenants pay their own electric. Landlord covers water/sewer/trash and bills back a flat fee for these expenses.
Property Facts
| Price | $850,000 | Apartment Style | Low-Rise |
| Price Per Unit | $85,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.69 AC |
| Cap Rate | 9.92% | Building Size | 7,500 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Parking Ratio | 3.75/1,000 SF |
| Price | $850,000 |
| Price Per Unit | $85,000 |
| Sale Type | Investment |
| Cap Rate | 9.92% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.69 AC |
| Building Size | 7,500 SF |
| No. Stories | 2 |
| Year Built | 2008 |
| Parking Ratio | 3.75/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
| 3+2 | 2 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0884-M-00010-0000-00 | Improvements Assessment | $213,000 |
| Land Assessment | $70,000 | Total Assessment | $283,000 |
Property Taxes
Parcel Number
0884-M-00010-0000-00
Land Assessment
$70,000
Improvements Assessment
$213,000
Total Assessment
$283,000
Contacts
-
Perry Nickleach -
Chase Takacs -
Keane George -
SVN | Three Rivers Commercial Advisors
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1027 Cochran Mill Rd
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