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1027 Cochran Mill Rd 10 Unit Apartment Building $1,186,404 CAD ($118,640 CAD/Unit) 9.92% Cap Rate Jefferson Hills, PA 15025
Investment Highlights
- Opportunity to place more voucher tenants to increase revenue
- Recent upgrade to roof, plumbing and electrical systems
- Laundry on site
- Many recent upgrades to units
- Parking on site
Executive Summary
SVN Three Rivers Commercials Advisors is pleased to present 1027 Cochran Mill Road for Sale. This 10 unit multifamily property is located in the Jefferson Hills township area of Pittsburgh's South Hills. The building has a desirable unit mix of 4 x 1BD/1BA, 4 x 2BD/1BA and 2 x 3BD/1BA apartments. Units are fully electric with baseboard heating and tenants pay their own electric. Landlord covers water/sewer/trash and bills back a flat fee for these expenses.
Property Facts
| Price | $1,186,404 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $118,640 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.69 AC |
| Cap Rate | 9.92% | Building Size | 7,500 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Parking Ratio | 3.75/1,000 SF |
| Price | $1,186,404 CAD |
| Price Per Unit | $118,640 CAD |
| Sale Type | Investment |
| Cap Rate | 9.92% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.69 AC |
| Building Size | 7,500 SF |
| No. Stories | 2 |
| Year Built | 2008 |
| Parking Ratio | 3.75/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
| 3+2 | 2 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0884-M-00010-0000-00 | Improvements Assessment | $297,299 CAD |
| Land Assessment | $97,704 CAD | Total Assessment | $395,003 CAD |
Property Taxes
Parcel Number
0884-M-00010-0000-00
Land Assessment
$97,704 CAD
Improvements Assessment
$297,299 CAD
Total Assessment
$395,003 CAD
Contacts
-
Perry Nickleach -
Chase Takacs -
Keane George -
SVN | Three Rivers Commercial Advisors
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1027 Cochran Mill Rd
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