Sale consists of two 30 unit apartment buildings: Mulberry Apartments (New Brighton) & Riverview Apartments (Rochester). Both properties are located in Beaver County about 4 miles apart from each other. Mulberry Apartments - (12) 2BR's & (18) 1BR's. Riverview Apartments - (30) 1BR's. Both properties have separate utilities; tenants pay electric/heat, and Landlord pays water/sewage. All electric buildings with the exception of gas for hot water in Mulberry building. Sales Info: ■ Commision split: 2.5% Location Description: Two 30u buildings for sale. One is located in New Brighton, PA and one is located 757-777 Riverview Dr. Rochester, PA. The buildings are located about 4 miles from each other. Beaver county is located 25 miles north of Downtown Pittsburgh. Highlights: ■ (2) Adjacent 30 Unit brick buildings ■ Attractive 9.3 CAP Rate. ■ Stable asset with strong historic occupancy ■ Individually metered utilities and parking lots for each building ■ Asking Price = $26,500 per unit ■ Both properties have easy access to major highways ■ Proximity to proposed Ethane Cracker Plant, which is expected to bring an estimated 20,000 jobs to the region ■ Seller willing to hold 10% / half of down payment « show less
Sale consists of two 30 unit apartment buildings: Mulberry Apartments (New Brighton) & Riverview Apartments (Rochester). Both properties are... show more »
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