Excellent value add opportunity to acquire 23 (under managed) units in Turtle Creek Borough. The deal consists of (3) buildings - 8u/8u/7u. Two buildings and a garage are next to each other; the other 8u is less than a mile away. Apartments are currently rented 60-70% under market value. Current owner has owned for 30 + years and never raised rents. Location Description: Turtle Creek is a quiet borough located about 13 miles east of Downtown Pittsburgh. Highlights: ■ (3) very well maintained building, brick buildings. ■ Each unit is a two level - townhouse style apartment, consisting of 2BR/ 1 Bath. ■ All utilities are separate for each unit. ■ Parking lots for each building. ■ Gross Revenues at market rent - $190,000 « show less
Excellent value add opportunity to acquire 23 (under managed) units in Turtle Creek Borough. The deal consists of (3) buildings - 8u/8u/7u. Two... show more »
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