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Marco Arms 1680 6th Ave 11 Unit Apartment Building $950,000 ($86,364/Unit) 8.05% Cap Rate Huntington, WV 25703
Executive Summary
1680 6th Avenue – Huntington, WV
11-Unit Multifamily | Near Marshall University
1680 6th Avenue is an 11-unit apartment building located just minutes from the campus of Marshall University, offering investors a well-located multifamily asset in one of Huntington’s strongest and most consistent rental corridors.
The property benefits from steady demand from students, faculty, medical professionals, and downtown employees. Its proximity to campus, hospitals, and downtown Huntington supports stable occupancy and long-term rental performance.
With an efficient unit mix and limited nearby multifamily supply, this asset is well suited for a cash-flow hold, student-oriented rental strategy, or value-add upside through interior improvements and rent optimization.
Highlights:
11 apartment units
Prime location near Marshall University
Consistent rental demand
Attractive to student and workforce tenants
Ideal for local investors or 1031 exchange buyers
A rare opportunity to acquire a small-balance multifamily property in a proven rental location.
11-Unit Multifamily | Near Marshall University
1680 6th Avenue is an 11-unit apartment building located just minutes from the campus of Marshall University, offering investors a well-located multifamily asset in one of Huntington’s strongest and most consistent rental corridors.
The property benefits from steady demand from students, faculty, medical professionals, and downtown employees. Its proximity to campus, hospitals, and downtown Huntington supports stable occupancy and long-term rental performance.
With an efficient unit mix and limited nearby multifamily supply, this asset is well suited for a cash-flow hold, student-oriented rental strategy, or value-add upside through interior improvements and rent optimization.
Highlights:
11 apartment units
Prime location near Marshall University
Consistent rental demand
Attractive to student and workforce tenants
Ideal for local investors or 1031 exchange buyers
A rare opportunity to acquire a small-balance multifamily property in a proven rental location.
Property Facts
| Price | $950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $86,364 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 8.05% | Building Size | 13,308 SF |
| Sale Condition | 1031 Exchange | No. Stories | 3 |
| No. Units | 11 | Year Built | 1969 |
| Property Type | Multifamily | Parking Ratio | 0.75/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | Commercial | ||
| Price | $950,000 |
| Price Per Unit | $86,364 |
| Sale Type | Investment |
| Cap Rate | 8.05% |
| Sale Condition | 1031 Exchange |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 13,308 SF |
| No. Stories | 3 |
| Year Built | 1969 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | Commercial |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 11 | $850.00 | - |
1 1
Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Number | 05-19-02550000 | Improvements Assessment | $184,260 |
| Land Assessment | $24,180 | Total Assessment | $208,440 |
Property Taxes
Parcel Number
05-19-02550000
Land Assessment
$24,180
Improvements Assessment
$184,260
Total Assessment
$208,440
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Marco Arms | 1680 6th Ave
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