39-Unit & 2 Development Parcels 12 Properties in Pittsburgh, PA

INVESTMENT HIGHLIGHTS

  • Value add opportunity
  • First rate neighborhoods
  • Valuable development parcels
  • Multiple exit strategies
  • On-site & on-street parking

EXECUTIVE SUMMARY

Colliers is pleased to present a unique opportunity to acquire a scattered-site rental portfolio strategically located across prominent neighborhoods
in Pittsburgh, designed to deliver immediate scale and long-term growth potential. Comprising of 39 residential units and 2 parcels of vacant land,
this portfolio presents investors with a rare blend of geographic diversification, providing stability and resilience against localized market fluctuations.
The properties are ideally positioned within well-established neighborhoods, attracting steady tenant demand and showcasing strong rent
growth trends. The portfolio’s current performance already yields attractive cash flow, supported by the high occupancy levels typical of these markets.
In addition to its geographic appeal, the portfolio holds significant value-add potential, allowing investors to capitalize on incremental rent
appreciation through strategic renovations and management efficiencies. With the two vacant parcels, there is an added development opportunity
to enhance the portfolio’s income potential and market presence. Renovation initiatives for the existing properties, including updated finishes, energy efficient
upgrades, and other enhancements, can elevate tenant satisfaction, foster higher retention rates, and ultimately increase the portfolio’s cash
flow and overall asset value.

PROPERTY FACTS

Sale Type Investment NNN
Status Active
Number of Properties 12
Individually For Sale 0
Total Building Size 41,410 SF
Total Land Area 1.68 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
2341 Candace St, Pittsburgh, PA 15216 Multifamily 2,862 SF 1950 -
826 Killarney Dr, Pittsburgh, PA 15234 Multifamily 2,283 SF 1955 -
828 Killarney Dr, Pittsburgh, PA 15234 Multifamily 1,082 SF 1955 -
4 Neff St, Pittsburgh, PA 15211 Multifamily 821 SF 1950 -
95 Wyoming St, Pittsburgh, PA 15211 Multifamily 1,997 SF 1945 -
170 Promenade St, Pittsburgh, PA 15205 Multifamily 14,193 SF 1950 -
THE VIRGINIA
5923 Howe St, Pittsburgh, PA 15232
Multifamily 6,158 SF - -
97 Wyoming St, Pittsburgh, PA 15211 Multifamily 3,056 SF 1945 -
1509 Sarah St, Pittsburgh, PA 15203 Multifamily 892 SF 1950 -
161 S 17th St, Pittsburgh, PA 15203 Multifamily 893 SF 1940 -
168 S 16th St, Pittsburgh, PA 15203 Multifamily 1,183 SF 1935 -
Mount Washington Investment / Development
2 Boggs Ave, Pittsburgh, PA 15211
Retail 5,986 SF 2018 -
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  • Listing ID: 35112011

  • Date on Market: 3/12/2025

  • Last Updated:

  • Address: 39-Unit & 2 Development Parcels, Pittsburgh, PA