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Student Housing Portfolio | 62 Beds 4 Multifamily Properties Offered at $3,880,000 in Morgantown, WV
INVESTMENT HIGHLIGHTS
- Four Assets - All Walking Distance to West Virginia University's Downtown Campus
- Retail Component Via Downtown Asset
- Off-Street Parking
- Option to Purchase Assets Seperately
EXECUTIVE SUMMARY
Unlock a rare investment opportunity with this portfolio of three student housing assets ideally situated in the heart of Morgantown, WV, just steps from West Virginia University's Downtown Campus. With a combined 22 units and 38 beds, this collection of well-positioned properties caters directly to the area’s strong and consistent student housing demand. Tenants enjoy walkable access to WVU classrooms, night-life, restaurants, shopping, and entertainment, making this portfolio a highly desirable and convenient living option. Don't miss out on these unbeatable locations, solid occupancy history, and income-producing potential.
Other local amenities within walking distance or a short drive include High Street, multiple PRT systems which offer access to the Mon Health Medical Center, WVU’s Health Sciences Center campus and Ruby Memorial Hospital.
Other local amenities within walking distance or a short drive include High Street, multiple PRT systems which offer access to the Mon Health Medical Center, WVU’s Health Sciences Center campus and Ruby Memorial Hospital.
PROPERTY FACTS
| Price | $3,880,000 | Number of Properties | 4 |
| Price / SF | $187.19 / SF | Individually For Sale | 2 |
| Sale Type | Investment | Total Building Size | 20,728 SF |
| Status | Active | Total Land Area | 0.48 AC |
| Price | $3,880,000 |
| Price / SF | $187.19 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 2 |
| Total Building Size | 20,728 SF |
| Total Land Area | 0.48 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 101 McLane Ave, Morgantown, WV 26505 | Multifamily | 10,000 SF | 1960 | $785,000 |
| 214 Wall St, Morgantown, WV 26505 | Multifamily | 5,250 SF | 1934 | $885,000 |
|
Blackburn Building
471 Dallas St, Morgantown, WV 26505 |
Multifamily | 3,398 SF | - | - |
| 459 Dallas St, Morgantown, WV 26505 | Multifamily | 2,080 SF | 1928 | - |
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CONTACTS
-
David Lorenze, CCIM, SIOR -
Caleb Wooldridge -
Mark Nesselroad, Esq, MBA -
Black Diamond Realty
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Student Housing Portfolio | 62 Beds
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