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1493 University Ave
Morgantown, WV 26505
33 Beds | Student Housing / Re-Development · Specialty Property For Sale
·
11,492 SF
Investment Highlights
- Turn-Key Property
- Updated Commercial Kitchen
- Walkable Access to Campus Life
- Extensively Renovated
- New Plumbing
- Sprinkler System
Executive Summary
With its unbeatable campus-front location and thoughtfully curated living experience, 1493 University Avenue stands out as a premier student housing opportunity. This 33-bed, four story property was designed for maximum appeal and minimal hassle. The property delivers the kind of consistent rental performance investors seek. Its inviting common areas, upgraded amenities, and walkable access to campus life make it a favorite among students. This turn-key property blends historic charm with modern functionality, making it a rare and valuable investment in one of Morgantown’s most sought-after locations.
The subject property provides practically direct access to the Mountain Line bus stop along University Avenue. Along Beechurst Avenue there is a daily traffic count of 23,194 vehicles. Source: ©2024 Kalibrate Technologies (Q4 2024).
This property is available for sale OR lease.
The subject property provides practically direct access to the Mountain Line bus stop along University Avenue. Along Beechurst Avenue there is a daily traffic count of 23,194 vehicles. Source: ©2024 Kalibrate Technologies (Q4 2024).
This property is available for sale OR lease.
Property Facts
| Sale Type | Owner User | Building Size | 11,492 SF |
| Property Type | Specialty | No. Stories | 4 |
| Property Subtype | Sorority/Fraternity House | Year Built/Renovated | 1930/2024 |
| Building Class | C | Parking Ratio | 0.35/1,000 SF |
| Lot Size | 0.17 AC | Opportunity Zone |
Yes
|
| Zoning | R-2 - Residential | ||
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Sorority/Fraternity House |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 11,492 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1930/2024 |
| Parking Ratio | 0.35/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-2 - Residential |
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 11-26-00310000 | Improvements Assessment | $448,020 |
| Land Assessment | $25,020 | Total Assessment | $473,040 |
Property Taxes
Parcel Number
11-26-00310000
Land Assessment
$25,020
Improvements Assessment
$448,020
Total Assessment
$473,040
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