Wilson St. Apts - corporate rental property 100 Wilson St 7 Unit Apartment Building $1,938,874 CAD ($276,982 CAD/Unit) 11.20% Cap Rate Montrose, PA 18801

The Wilson Street Apartments consists of two buildings containing 6 two-bedroom apartments and 1 three-bedroom unit. The buildings and units are in excellent condition, offer abundant off-street parking and include washer/dryer for tenant use. Montrose is located in the center of the Marcellus Shale region and the heart of natural gas & fracking industry. This property has been consistently been a primary rental location for several of the largest gas companies & their contractors at well above market rents due to limited housing in the region. New ownership can continue with the owner’s successful model which includes fully furnished units, a service providing linens, cleaning and other tenant amenities and a nightly / weekly leasing model which is well-suited to the gas industry.
The Seller also owns the Evergreens Apartments located in Montrose which is fully-leased and also available for purchase.

The list pricing has been established from current 2025 and an average of the past 3 years NOI and includes the management fee for the Seller to continue performing all management responsibilities for a new owner. Financial reporting available upon request.
The Seller also owns The Evergreens at 379 S Main Street and 1405 Heart Lake Road, both located in the Montrose area, fully-leased and also available for purchase. The list pricing for this property has been established from an average of the past 3 years NOI to create a strong investment opportunity with the existing full service operational modeI. Multi-year rental financial reporting available upon request.