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1493 University Ave - 33 Beds | Student Housing / Re-Development 11,492 SF Specialty Building Offered at $1,624,005 CAD in Morgantown, WV 26505



Investment Highlights
- Turn-Key Property
- Updated Commercial Kitchen
- Walkable Access to Campus Life
- Extensively Renovated
- New Plumbing
- Sprinkler System
Executive Summary
With its unbeatable campus-front location and thoughtfully curated living experience, 1493 University Avenue stands out as a premier student housing opportunity. This 33-bed, four story property was designed for maximum appeal and minimal hassle. The property delivers the kind of consistent rental performance investors seek. Its inviting common areas, upgraded amenities, and walkable access to campus life make it a favorite among students. This turn-key property blends historic charm with modern functionality, making it a rare and valuable investment in one of Morgantown’s most sought-after locations.
The subject property provides practically direct access to the Mountain Line bus stop along University Avenue. Along Beechurst Avenue there is a daily traffic count of 23,194 vehicles. Source: ©2024 Kalibrate Technologies (Q4 2024).
This property is available for sale OR lease.
The subject property provides practically direct access to the Mountain Line bus stop along University Avenue. Along Beechurst Avenue there is a daily traffic count of 23,194 vehicles. Source: ©2024 Kalibrate Technologies (Q4 2024).
This property is available for sale OR lease.
Property Facts
| Price | $1,624,005 CAD | Lot Size | 0.17 AC |
| Price Per SF | $141.32 CAD | Building Size | 11,492 SF |
| Sale Type | Owner User | No. Stories | 4 |
| Property Type | Specialty | Year Built/Renovated | 1930/2024 |
| Property Subtype | Sorority/Fraternity House | Parking Ratio | 0.35/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | R-2 - Residential | ||
| Price | $1,624,005 CAD |
| Price Per SF | $141.32 CAD |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Sorority/Fraternity House |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 11,492 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1930/2024 |
| Parking Ratio | 0.35/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-2 - Residential |
Amenities
- Air Conditioning
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | 11-26-00310000 | Improvements Assessment | $607,560 CAD |
| Land Assessment | $33,930 CAD | Total Assessment | $641,490 CAD |
Property Taxes
Parcel Number
11-26-00310000
Land Assessment
$33,930 CAD
Improvements Assessment
$607,560 CAD
Total Assessment
$641,490 CAD
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1493 University Ave - 33 Beds | Student Housing / Re-Development
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