612 Protzman Street

Morgantown WV 26505

53976 sq. ft.

1.5 ac.

Multi-Family

Currently for sale - view listing

Overview

Rare commercial investment opportunity in the heart of Morgantown! Built in 2013/14, this high performing 87 unit multifamily complex offers the ultimate student living experience just a ten minute stroll from West Virginia University's downtown campus. Spanning four adjacent buildings within a single cohesive community, the property features a unit mix consisting of 79 one-bedroom/one-bathroom units and 8 two-bedroom/two-bathroom units, all equipped with convenient in unit washers and dryers. The portfolio includes 36 one bedroom units at 612 Protzman Street, 24 one bedroom units at 7 Glenn Street, 16 one bedroom units at 3 Glenn Street, and 11 total units at 508 Protzman Street, which houses the 8 two bedroom layouts alongside 3 one bedroom units. Furthermore, 508 Protzman features an on site fitness room that presents immediate value add potential for conversion into an additional income producing studio apartment. Complete with off street parking for every single bedroom, this turnkey asset delivers exceptional location, strong tenant appeal, and outstanding revenue generation.

Features

3 bedrooms

3 bathrooms

53976 sq. ft. floor area

1.5 ac. lot size

Multi-Family

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