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3097 Woodland Rd & 3098 Woodland Rd 3097-3098 Woodland Rd 6 Unit Apartment Building $280,000 ($46,667/Unit) 8.14% Cap Rate Ambridge, PA 15003
INVESTMENT HIGHLIGHTS
- Opportunity to renovate units and increase rents (to market rate).
- Perfect for those looking to expand a rental portfolio in Beaver County.
EXECUTIVE SUMMARY
Located at 3097 Woodland Rd (4 units) & 3098 Woodland Rd (2 units) Ambridge, PA 15003, Evergreen RE LLC is pleased to present this 6-unit opportunity. Units are equipped with ample storage, updated finishes, garages depending on location, private, off street parking, and shared laundry facilities.
Highlights:
-100% Occupancy.
-Solid brick construction.
-Close proximity to downtown Beaver, Cranberry, Pittsburgh International Airport.
-Perfect for those looking to expand a rental portfolio in Beaver County.
-Opportunity to renovate units and increase rents (to market rate).
-Tenants paying electric (Duquesne Light) and gas (Columbia Gas). Owner paying water (Ambridge Water Authority), sewer (Harmony Township Municipal Authority), trash (Valley Waste Services) recaptured via monthly allotments billed to tenants.
Highlights:
-100% Occupancy.
-Solid brick construction.
-Close proximity to downtown Beaver, Cranberry, Pittsburgh International Airport.
-Perfect for those looking to expand a rental portfolio in Beaver County.
-Opportunity to renovate units and increase rents (to market rate).
-Tenants paying electric (Duquesne Light) and gas (Columbia Gas). Owner paying water (Ambridge Water Authority), sewer (Harmony Township Municipal Authority), trash (Valley Waste Services) recaptured via monthly allotments billed to tenants.
PROPERTY FACTS
| Price | $280,000 | Building Class | C |
| Price Per Unit | $46,667 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 4,430 SF |
| Cap Rate | 8.14% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment |
| Price | $280,000 |
| Price Per Unit | $46,667 |
| Sale Type | Investment |
| Cap Rate | 8.14% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 4,430 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
| 3+1 | 1 | - | - |
1 1
CONTACT
-
Mary Broglia -
Evergreen Asset Management LLC
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3097 Woodland Rd & 3098 Woodland Rd | 3097-3098 Woodland Rd
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