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Canyon Place Apartments 3541 Laketon Rd 26 Unit Apartment Building $1,650,000 ($63,462/Unit) 7.52% Cap Rate Pittsburgh, PA 15235

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EXECUTIVE SUMMARY

SVN | Three Rivers Commercial Advisors is pleased to present this 26 Unit apartment building located in Penn Hills, PA. The property consists of a solid brick / garden style apartment building with separate utilities (gas furnaces per unit), off street parking, coin op laundry, and a mixture of 1BR and 2BR units.

PROPERTY FACTS

Price	$1,650,000	Building Class	C
Price Per Unit	$63,462	Lot Size	1.64 AC
Sale Type	Investment	Building Size	33,872 SF
Cap Rate	7.52%	No. Stories	2
No. Units	26	Year Built	1975
Property Type	Multifamily	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Apartment

Price	$1,650,000
Price Per Unit	$63,462
Sale Type	Investment
Cap Rate	7.52%
No. Units	26
Property Type	Multifamily
Property Subtype	Apartment
Building Class	C
Lot Size	1.64 AC
Building Size	33,872 SF
No. Stories	2
Year Built	1975
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.