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34 Units | Johnstown 414 Jefferson Ave 34 Unit Apartment Building $1,650,000 ($48,529/Unit) 11% Cap Rate Beaverdale, PA 15921
Investment Highlights
- 13 duplexes, a sixplex, and 2 single family homes
- Value-add opportunity
- 11% Cap Rate
Executive Summary
SVN Three Rivers Commercial Advisors is pleased to present the opportunity to purchase this 34 unit portfolio in Johnstown, PA. The offering is comprised of 13 duplexes, a sixplex, and 2 single family homes that presents a compelling 11% Cap Rate. There is a demonstrated path to add value by continuing to increase rents to market rates.
Property Facts
| Price | $1,650,000 | Property Subtype | Apartment |
| Price Per Unit | $48,529 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 11% | Lot Size | 0.20 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 5,000 SF |
| No. Units | 34 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Price | $1,650,000 |
| Price Per Unit | $48,529 |
| Sale Type | Investment |
| Cap Rate | 11% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 5,000 SF |
| No. Stories | 2 |
| Year Built | 1900 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 13 | - | - |
1 1
Property Taxes
| Parcel Number | 059-073433 | Improvements Assessment | $11,660 |
| Land Assessment | $1,880 | Total Assessment | $13,540 |
Property Taxes
Parcel Number
059-073433
Land Assessment
$1,880
Improvements Assessment
$11,660
Total Assessment
$13,540
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34 Units | Johnstown | 414 Jefferson Ave
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