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Executive Summary

Multifamily investment opportunity in Shepherdstown, WV. Located directly across the street from Shepherd University entrance. Property generates approximately $70,100.00 in annual NOI and is being offered at an attractive 6% capitalization rate. 5 units, monthly gross rent $7035.00. Fully rented for 8 years, never vacancy in this college town. Contact listing agent for additional financial and property details.

Property Facts

Price $1,168,333
Price Per Unit $233,667
Sale Type Investment
Cap Rate 6%
Gross Rent Multiplier 13.84
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 7,100 SF
No. Stories 2
Year Built 1990
Zoning C - Commercial Multifamily

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Tub/Shower
  • Deck
  • Family Room
  • Linen Closet
  • Large Bedrooms

Site Amenities

  • Individual Locking Bedrooms
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 41950478

  • Date on Market: 8/31/2026

  • Last Updated:

  • Address: 8348 Martinsburg Pike, Shepherdstown, WV 25443

Contact the Sale Advisor

8348 Martinsburg Pike

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