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1386 Lincoln Dr - Center Village Apartments 10 Unit Apartment Building Offered at $1,550,000 at a 8.70% Cap Rate Monaca, PA 15061
Executive Summary
Real Estate Portfolio
1386 Lincoln Drive - 4 townhouses (Center Twp)
1390 Lincoln Drive - 4 townhouses (Center Twp)
2412 W. Irwin St - Duplex (Hopewell Twp)
100% Occupied. No evictions. Thorough tenant background and credit checks. Tenants are generally young professionals and retirees.
Long term tenants
Rent paid as scheduled
Units updated and no deferred maintenance
Land included.
1386 Lincoln Drive - 4 townhouses (Center Twp)
1390 Lincoln Drive - 4 townhouses (Center Twp)
2412 W. Irwin St - Duplex (Hopewell Twp)
100% Occupied. No evictions. Thorough tenant background and credit checks. Tenants are generally young professionals and retirees.
Long term tenants
Rent paid as scheduled
Units updated and no deferred maintenance
Land included.
Property Facts
| Price | $1,550,000 | Apartment Style | Townhome |
| Price Per Unit | $155,000 | Building Size | 16,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 8.70% | No. Stories | 2 |
| No. Units | 10 | Year Built | 1985 |
| Property Type | Multifamily |
| Price | $1,550,000 |
| Price Per Unit | $155,000 |
| Sale Type | Investment |
| Cap Rate | 8.70% |
| No. Units | 10 |
| Property Type | Multifamily |
| Apartment Style | Townhome |
| Building Size | 16,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1985 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 56-037-0801.000 | Improvements Assessment | $151,250 |
| Land Assessment | $24,000 | Total Assessment | $175,250 |
Property Taxes
Parcel Number
56-037-0801.000
Land Assessment
$24,000
Improvements Assessment
$151,250
Total Assessment
$175,250
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1386 Lincoln Dr - Center Village Apartments