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1101 Broadway St
East McKeesport, PA 15035
Broadway Manor Apartments · Multifamily Property For Sale
·
26 Units
Investment Highlights
- 26 units with a mix of 8 studios and 18 one-bedroom units
- Covered Off Street Parking
- Easy Access to Downtown Pittsburgh - 13 miles southeast
- Upgraded electric panels
- Bus Stop located just a block away
Executive Summary
SVN Three Rivers Commercial Advisors is pleased to shared the opportunity to acquire Broadway Manor Apartments. The property consists of two buildings in East McKeesport with 26 units (mix of studios and one-bedroom units). The buildings provide off street parking (covered), coin op laundry, and easy access to public transit. Tenants are responsible for their own electric. Landlord pays all other utilities and charges a flat $50 per month utility fee to tenants. The utility charge is being increased to $75 a month per unit.
Property Facts
| Price Per Unit | $77,276 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.36 AC |
| Cap Rate | 8.53% | Building Size | 25,593 SF |
| No. Units | 26 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1964 |
| Apartment Style | Low-Rise | Parking Ratio | 0.26/1,000 SF |
| Zoning | C | ||
| Price Per Unit | $77,276 CAD |
| Sale Type | Investment |
| Cap Rate | 8.53% |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 25,593 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 0.26/1,000 SF |
| Zoning | C |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
| 1+1 | 18 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $470,487 CAD | |
| Land Assessment | $65,383 CAD | Total Assessment | $535,870 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$65,383 CAD
Improvements Assessment
$470,487 CAD
Total Assessment
$535,870 CAD
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