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Towne Square Apartments 201 3rd St 157,969 SF 100% Leased Office Building Parkersburg, WV 26101 For Sale
Investment Highlights
- Rental income from Residential units, commercial office spaces, and parking garage
- Convenient location in the heart of downtown Parkersburg close to amenities
Executive Summary
43 residential units + 8 commercial spaces (~25,000 sf)
Attached parking garage (286 parking spaces)
Built in 1984
Attractive architectural design
Proven rental income track record
Ample parking for residents including underground garage
Attached parking garage (286 parking spaces)
Built in 1984
Attractive architectural design
Proven rental income track record
Ample parking for residents including underground garage
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
157,969 SF
Building Class
B
Year Built
1984
Percent Leased
100%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
7,000 SF
Building FAR
1.58
Lot Size
2.29 AC
Opportunity Zone
Yes
Parking
230 Spaces (10 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 05-94-00520000 | Total Assessment | $1,567,980 (2025) |
| Land Assessment | $142,620 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,425,360 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
05-94-00520000
Land Assessment
$142,620 (2025)
Improvements Assessment
$1,425,360 (2025)
Total Assessment
$1,567,980 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Towne Square Apartments | 201 3rd St
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