10795 Timbercrest Dr | Meadville, PA 16335
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10795 Timbercrest Dr
Meadville, PA 16335
Brookside Commons · Multifamily Property For Sale
·
102 Units
INVESTMENT HIGHLIGHTS
- 102 Unit Multi-Family Investment Property On 25± Acres
- Upside Potential With Expansion – Original Ownership Plans To Build Additional 144 Units
- 86.1% Occupancy Rate
- Own Timbercrest Apartments & Townhomes
- 6 Residential Buildings Totaling 82,278± SF
- $819,242 Pro Forma NOI - Offered At 10.2% Pro Forma Cap Rate
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 48 | $850.00 | 680 |
| 2+1.5 | 52 | $1,063 | 895 - 1,071 |
| 3+1.5 | 2 | $1,425 | 1,197 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,147,302 | |
| Land Assessment | $51,948 | Total Assessment | $1,199,250 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$51,948
Improvements Assessment
$1,147,302
Total Assessment
$1,199,250
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